Entry for share transactions

Others 332 views 2 replies

Hi Freinds what Entry has to be passed in case of Share Purchasing & selling of Shares. What has to be taken into account, for eg. Service Tax, STT, Brokerage etc., while Purchasing and selling of shares. Pls. explain in detail. Thanks in advance.

Replies (2)

Follow the contract note.

Hi, Mihir What to Follow in contract Note? for eg.

Gross Brkg. Total Net STT Service Tax & Stamp Duty

What effect has to be taken while Purchase & Sale for STT?


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