Using External Data : Working with CSV Format on r/IndiaInvestments Wiki

CSV Format

Mon, 01 Jan 0001 00:00:00 +0000

CSV Format

Introduction to CSV format

CSV stands for Comma Separated Values. It’s a text file, which has entries, separated by comma (,).

The following is an example of transaction histories in comma-separated values format:

Date, Folio Number, Name of the Fund, Order, Units, NAV, Current Nav, Amount (INR)
2020-08-20,123456789,ICICI Prudential Bluechip Growth Direct Plan,buy,55.432,45.10,58.7,2500.0
2019-08-26,123456789,ICICI Prudential Bluechip Growth Direct Plan,buy,58.343,42.85,58.7,2500.0
2018-08-24,123456789,ICICI Prudential Bluechip Growth Direct Plan,buy,55.853,44.76,58.7,2500.0
2018-08-17,123456788,Aditya Birla Sun Life Frontline Equity Growth Direct Plan,buy,10.41,240.15,307.63,2500.0
2017-10-06,123456789,ICICI Prudential Bluechip Growth Direct Plan,buy,126.167,39.63,58.7,5000.0
2017-09-11,1234567891,SBI Blue Chip Growth Plan,buy,26.968,37.0803,53.0466,1000.0
2017-08-10,1234567891,SBI Blue Chip Growth Plan,buy,27.866,35.8865,53.0466,1000.0
2017-07-10,1234567891,SBI Blue Chip Growth Plan,buy,28.022,35.6867,53.0466,1000.0
2017-06-12,1234567891,SBI Blue Chip Growth Plan,buy,28.373,35.2445,53.0466,1000.0
2017-05-10,1234567891,SBI Blue Chip Growth Plan,buy,28.815,34.7041,53.0466,1000.0
2017-04-10,1234567891,SBI Blue Chip Growth Plan,buy,29.591,33.7945,53.0466,1000.0
2017-03-10,1234567891,SBI Blue Chip Growth Plan,buy,30.903,32.3593,53.0466,1000.0
2017-02-10,1234567891,SBI Blue Chip Growth Plan,buy,31.033,32.2233,53.0466,1000.0
2017-01-10,1234567891,SBI Blue Chip Growth Plan,buy,32.842,30.4492,53.0466,1000.0

Notice the first line of the entry:

Computing LTCG Eligible Equity Units

Mon, 01 Jan 0001 00:00:00 +0000

Computing LTCG Eligible Equity Units

Problem Statement

Now that we’ve seen how to import CSV data, and more importantly, how to massage that data for further use; we need to put this skill to use.

As an investor, you might have a portfolio of equity funds, and you’d want to know how many units you can sell without exceeding Long Term Capital Gain of ₹100,000 (1L INR, in colloquial terms).

Process for Estimating Tax

Mon, 01 Jan 0001 00:00:00 +0000

Process for Estimating Tax

Intro

In the previous chapter, we’ve seen how to compute total number of LTCG taxation eligible units, if equity transaction history has been provided.

Picking up from where we’d left off in in part 1, we can start with planning for potential tax computations

Planning for Tax Computation

At this point, we’ve computed units outside of STCG zone (purchased more than a year ago, that’s still in investor’s portfolio, eligible for LTCG taxation if redeemed). STCG stands for Short Term Capital Gain.