FAQs > Taxation

While calculating short-term and long-term capital gains, does the timing of 'withdrawal' to India matter?

No, the timing of withdrawal of money is generally not considered when calculating the taxability of an individual. Tax is calculated on the basis of when the income was earned/accrued. Whether the money is then lying in the brokerage cash account or has been withdrawn or paid out has no impact on the tax liability. Disclaimer: This article is for informational purposes only. None of the contents of this article should be treated as tax advice. Please consult a qualified tax consultant or expert with your specific taxation situation for appropriate advice.