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Thanks for the reply diosys.I was actually confused about this reading http ://www .personalfn. com/tax/faqshares.html where it says In case of multiple demat accounts, the capital gains on sale of shares has to be computed on the basis of the FIFO with reference to the particular account...

Thanks for the reply diosys. I was confused based on something I read at http://www.personalfn.com/tax/faqshares.html where it said that - "In case of multiple demat accounts, the capital gains on sale of shares has to be computed on the basis of the FIFO with reference to the particular...

I have recently opened a second demat account. The shares of one company 'A' I hold in account 1 has good gains so I dont want to sell it and be taxed heavily. If I trade shares of same company in the second demat account i.e sell shares from account 2 of same company which has losses / minimum...