STCG & LTCG Charges to account
This query is : Resolved
14 July 2024
Following Charges are incurred during security transaction in both STCG & LTCG
1. Brokerage
2. Exchange transaction charges
3. CGST & SGST ( in total IGST)
4. Securities transaction tax
5. SEBI turnover fees
6. Stamp duty
7. Dp Charges
8. Annual maintenance Charges ( AMC)
Can we account all the above charges as expenditure while we calcualte STCG & LTCG
1. Brokerage
2. Exchange transaction charges
3. CGST & SGST ( in total IGST)
4. Securities transaction tax
5. SEBI turnover fees
6. Stamp duty
7. Dp Charges
8. Annual maintenance Charges ( AMC)
Can we account all the above charges as expenditure while we calcualte STCG & LTCG
14 July 2024
Yes, you can account the above charges as expenditure while calculating capital gains.
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14 July 2024
Addition ... Item 4 .... STT not allowed, u/s 111A & 112A IT act.
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