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Demat charges

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(Querist)
22 March 2010 Whether Demat charges are allowed as deduction u/s 57?
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CA Gangadhar Mishra

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CA Gangadhar Mishra (Expert)
22 March 2010 yes, if you are showing your investment as Trading business under stock in trade.
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
23 March 2010 agreed
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