As we will be have both profit and loss on each shares sale. I know that if i sell <12months have to file STCG and >12 months LTCG. What I’m wondering should i pay tax for each profit on transaction or consolidated profit in while FY?
Its very simple.
Download Trading P&L from Your broker.
Under short term trades , In the report table, calculate Sum(Sell value) - Sum(Buy value) which is your Profit (or Loss). Pay STCG on this value
Under Long term trade, In the report table, calculate Sum(Sell value) - Sum(Buy value) which is your Profit (or Loss). Pay LTCG ( over and above 1 L ) on this value.