Am I correct in thinking that for calculating gain from share sale, we add the following to cost and reduce from sale:
brokerage, exchange charges, SEBI charges, taxes if any BUT NOT STT
Manoj Pandey (65 Points)
16 July 2022Am I correct in thinking that for calculating gain from share sale, we add the following to cost and reduce from sale:
brokerage, exchange charges, SEBI charges, taxes if any BUT NOT STT
Manoj Pandey
(65 Points)
Replied 17 July 2022
Sir, the confusion arose bec I read online that one can add/substract all charges other than STT.
Thanks for clarifying. In any case, the values of other charges are very small.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961