Hi all,
Have a query on tax settings features. I have few shares that was partly sold last FY and rest this FY. To get maximum tax benifit, I use different setting for each year ( LIFO vs max gain).
Questions are -
- if different years have different setting, would it compute within that range?
- If I change setting retrospectively after tax filing, will it impact tax calculation of next year?
Thanks,
Guru