brokerage on trading of shares
This query is : Resolved
CA Amit Jaiswal
(Querist)
03 August 2009
what will be the treatment of brokerage charges paid on the purchase and sale of securities.
jaiprakash Falor
(Expert)
04 August 2009
The provisions in respect of the brokerage charges paid on the purchase and sale of securities, TDS is not required to be deducted refer Explanation (i) of Section 194H
Aditya Maheshwari
(Expert)
05 August 2009
Brokerage should be added to purchase and deduted from sale of shares. No TDS required to be deducted as per section 194H
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