Cost added / deducted on purchase / sale of shares for the computation of Capital Gain
Dear Experts,
Following expenses / Taxes are charged by my share broker. Kindly let me know the expenses which I can add to the cost of acquisition of shares and deduct from sales consideration.
1) Brokerage
2) Exchange Transaction Charges
3) GST
4) STT
5) SEBI Charges
6) Stamp Duty
Regards
Bipin
Include Brokerage, GST, STT, and Other Charges in Capital Gains Calculation for Shares. A forum user inquired about which expenses and taxes charged by a share broker can be added to the cost of acquiring shares or deducted from the sales consideration for capital gains computation. The expenses listed include brokerage, exchange transaction charges, GST, STT, SEBI charges, and stamp duty. An expert responded, suggesting that all the listed expenses should be included in the computation. (AI Summary)
Income Tax