Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

banner_ad

Business expense in share trading

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

12 December 2013 Sir,
I have incurred a speculative loss of Rs 43291 in share and fno trading in 2012-13 fy. My trading statement shows a total expense of Rs 63537/- under the following heads-
Brokerage-43216
Service tAX-4447
Securities transaction tax-10794
Transaction charge-3348
stamp-1730
My question is which of the above charges I can claim as business or trading expenses.
tHANKS

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
Follow

13 December 2013 You can claim all the charges including STT
as business expense and can enhance the loss .

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member N.VENKATARAMAN

N.VENKATARAMAN

Pro Member T Ramachandran

T Ramachandran

Pro Member Nagaratnam Chandrasekaran

Nagaratnam Chandrasekaran

Pro Member Yugaindra Rana

Yugaindra Rana

Pro Member Soumitra Patra

Soumitra Patra

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

Featured 27 May 2026

Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details

14 May 2026

Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details

18 May 2026

MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details

ARTICLESHIP 17 May 2026

CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details

Featured 28 May 2026

SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details

14 May 2026

Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details

ARTICLESHIP 15 May 2026

ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details

16 May 2026

Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details