Capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 May 2014 Whether Share Transfer Expenses such as Service tax, cess, transaction charge, demat charges can be deducted from the full value of the consideration received on sale of shares as expenditure incurred wholly and exclusively in connection with such transfer?

05 May 2014 yes it can be claimed while computing capital gains.

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 May 2014 Only STT Charges cannot be claimed as per section 48. So we can claim all other charges?

05 May 2014 yes as this are in connection to eran capital gains..


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