LTCG - Loss on Equity

This query is : Resolved 

20 May 2025 WHILE CALCULATING LOSS ON LTCG IN EQUITY, DO I INCLUDE EXPENSES LIKE INTERNET BILL, BROKERAGE, STAMP DUTY, SEBI TRANSACTION CHARGES, GST, ETC... TO ARRIVE AT THE FINAL LOSS FIGURE?

20 May 2025 Yes, eligible except internet bill..

21 May 2025 THANKS SIR..................


21 May 2025 1. SIMILARLY, WHILE CALCULATING PROFIT ON STCG IN EQUITY, DO I INCLUDE EXPENSES LIKE INTERNET BILL, BROKERAGE, STAMP DUTY, SEBI TRANSACTION CHARGES, GST, ETC... TO ARRIVE AT THE FINAL PROFITS FIGURE?
2. WHETHER THE BONUS SHARES 26 NOS WIPRO RECEIVED in December last BE TREATED AS DIVIDEND OR HOW?

21 May 2025 1. Yes, as said above.
2. It cannot be treated as dividend. It is an asset acquired at ZERO cost.

21 May 2025 THANKS SIR.......................

21 May 2025 You are welcome.

21 May 2025 Sir, if my wife made capital gains of Rs. 1.90 Lacs after indexation @20% this FY on apartment sale, and her total income is below 5 Lacs. Is she liable for any LTCG tax or income tax? she will become senior citizen this coming August2025


21 May 2025 Only income upto Rs. 3 lakhs will be exempt. Anything above will be taxable.

21 May 2025 If total income is up to 3 lacs then she does not have to pay LTCG tax?

21 May 2025 Correct, under new regime....



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