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brokerage on trading of shares

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(Querist)
03 August 2009 what will be the treatment of brokerage charges paid on the purchase and sale of securities.
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jaiprakash Falor

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jaiprakash Falor (Expert)
04 August 2009 The provisions in respect of the brokerage charges paid on the purchase and sale of securities, TDS is not required to be deducted refer Explanation (i) of Section 194H
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
05 August 2009 Brokerage should be added to purchase and deduted from sale of shares. No TDS required to be deducted as per section 194H
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