Share income tax calculation?

  1. 18 Posts.
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    Hi all
    Can someone help me with profit calculation for end of tax year.?
    If i purchased 100 000 shares at different time between 1.7 to 30.6 and i sell 20 000 shares in same year and then rebuy again
    20 000 shares.
    do I pay tax on those 20 000 shares what I sold or i need to take average price of shares purchased in that tax year and average price of shares sold , subtract difference and calculate profit or loss and then pay the tax ?
    any help to understand is appreciated
    thanks
 
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