Cost added / deducted on purchase / sale of shares for the computation of Capital Gain

[Bipin Parmar]

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

[DR.MARIAPPAN GOVINDARAJAN]

In my view all will be included.

AI Summary

Cost of acquisition for capital gains: broker-imposed charges may be added to purchase and deducted from sale consideration.
All specified broker-imposed charges-brokerage, exchange transaction charges, GST, STT, SEBI charges and stamp duty-are to be included in the cost of acquisition and deducted from the sales consideration for computation of capital gains on share transactions.