What if I purchase stocks using trading Profits?

@arko1983650 @Rosh_0007  

What do you mean? Income is taxed if you cross the basic exemption for the year. Doesn't matter you bought something else with it.

I think you are confusing this with capital gains on property.

Only capital gains on sale of a property can avoid taxation if bought another property within three years of sale of the first property.

Besides profits on trading is considered business income, not capital gains.

I'd ask some serious traders.

@bikidas2060 @Agnivo007

Not entirely sure they actively trade, maybe they can help. 

you still have to pay tax since u already got profits on trading.

it's independent of what ever u do with those profits.

As long as you don't sell a stock you don't have to pay tax. Once you sell it you have to pay tax irrespective of the fact where you are going to use the profit. But in the case of LTCG up to 1 lakh profit is exempt.

Basis of taxation is dependent on Nature of employment/Business.

Consult professional before investing

For intra day trading, you pay income tax as per your slab. For for shares sold in less than 1 year of buying taxed at 15%. For shares sold  after 1yr of buying, 10% tax on profit above 1 lakh

Short term capital gain is taxed at 15% irrespective of what you do with that gain.

Every SOLD share/MF attracts tax (minus exemption of upto first 1L for LTCG in FY), as many dimers have already cleared the stuff here... one can adjust STCG/LTCG upto non-taxable limit too if there's a shortfall...

profit attracts tax at the point it is earned. then it becomes available funds. you can do anything with it.