Txax implecation on accepting stock call option delivery

Taxation
1

Hi,

can you please help me to understand tax implication if say
I bought call option of RIL for strike price 2400 at Rs 50,
lets assume price on expiry is 2500 and took the physical delivery.
Sold same in cash market next day after stock is credited to account at 2550.

What is my F&O profit loss which is taxed as existing slab?
What is my STCG?

Regards
Sandip

2

Buying price will be strike price for ur option= 2400

If u sell at 2550 , 150 rs will be the profit and STCG shall be applicable.

PS : someone pl correct if I’m wrong

3

In addition to that. Entire premium paid shall be lost. So thats business loss.