Exepenses deductible from Short Term Capital gain
This query is : Resolved
23 July 2009
While trading online in shares I have incurred following expenses:
DP charges (Annual)
Bank chrages like ATM card charges etc
Internet charges
Computer Maintenance and Upgradation
.
Kindly let me know if above charges are deductible for Short Term capital gain. If not, if same can be shown as expenses under Other Income (to earn Dividend, interest income)?
Regards
DP charges (Annual)
Bank chrages like ATM card charges etc
Internet charges
Computer Maintenance and Upgradation
.
Kindly let me know if above charges are deductible for Short Term capital gain. If not, if same can be shown as expenses under Other Income (to earn Dividend, interest income)?
Regards
23 July 2009
DP Charges - Deductible
ATM Card Charges - Personal, hence not deductible
Internet Charges - Deductible
Computer maintenance - Deductible
ATM Card Charges - Personal, hence not deductible
Internet Charges - Deductible
Computer maintenance - Deductible
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