Capital Gain

This query is : Resolved

Parag (Querist)
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30 May 2010 How should I go about calculating STCG on below transaction? i.e. How much STCG will be there on below transaction.

Example: Share transaction & respective charges on the transaction

Purchase: Date - 01-Jan- 2010 Company - ABC Ltd, Quantity - 50 Rate Per Share - 119.50 Brokerage - 23.90 Service Tax - 2.54 STT - 7.00 Transaction Charge - 0.13 Stamp Duty - 0.60 SEBI Tax - 0.01

Sale: Date - 02-Jan-2010 Company - ABC Ltd, Quantity - 50 Rate Per Share - 123.10 Brokerage - 24.62 Service Tax - 2.61 STT - 8.00 Transaction Charge - 0.14 Stamp Duty - 0.62 SEBI Tax - 0.01

Rahul Gupta

Rahul Gupta (Expert)
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30 May 2010 The capital Gain will be 109.82
Details >
Purchase price
Cost (50*119.5) = 5975.00
Add : Commission = 34.18
Total = 6009.18

Sale Price
Sale (50*123.10) = 6155.00
Less : Commission = 36.00
Total = 6119.00

Capital Gain = 6119 - 6009.18 = 109.82