Cost of acquition of shares.

Rohit Tulshyan (RTProfessionals) (333 Points)

17 September 2011

What Do we take as acquitiion cost of shares.

Do we include Stamp duty and STT in cost of share besides brokerage.

Reply
Follow
Share

2 Replies

Prakash (Chartered Accountant) (560 Points)
Replied 17 September 2011

Ofcourse yes we have too consider

As per AS-13, Cost of Investment includes Purchase Price and Aquisition charges such as Brokerage, Fees and duties etc

So, Include Brokerage, Stamp duty and STT (If any, As No STT for Intra Day Trade on Buy, but exists for Delivery)

Gil Burt (admin) (38 Points)
Replied 19 September 2011

now the conditon of investment is high competition .............................

Start a New Discussion