Calculation of CApital gain
This query is : Resolved
30 March 2009
I (individual)purchases a share at 100/-(including brokerage ) and charged 5/- for STT and other charges so I paid to broker= 105/-. Five days later I sold share at 150/- (Net of brokerage) and charged Rs. 7/- as STT and other charges. Cheque received fro mbroker = 143/- so,
My Short term gain = 143-105=38/- or
= 150-100=50/-
Please clear.
My Short term gain = 143-105=38/- or
= 150-100=50/-
Please clear.
30 March 2009
Your short term gain will be Rs. 50 and rs. 12 is expenses which you cant setoff against your gain
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