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Taxation of Demat Accounts
The depository is anisrean series. Are like the giant ledgero who owns what exact and these guys are are like the reavy participants. Are the accountants who make the increase. So they are in, if you think of it, it's like i have a hundred ledgers. As a as a deposit, we have a hundred different ledgers. You and me can have different demat accounts, dem is e demat account wit different proiders. And theyare all separate dema al separent different demant accounts. For from tax purposes, they're different. The fifo applies on a per demat account basis. Only the bys from that demand