Capital gains-SUN

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This discussion clarifies the tax treatment of bonus shares received from Wipro. The shares will be subject to Short-Term Capital Gains (STCG) or Long-Term Capital Gains (LTCG) tax depending on when they are sold. It's confirmed that these bonus shares are not treated as dividends. The conversation also touches upon expenses that can be considered when calculating STCG on equities, such as STT, stamp duty, and brokerage.

sundeep

sundeep (Querist)

20 May 2025 I GOT WIPRO BONUS SHARES LAST NOVEMBER. 26 NOS. HOW TO TREAT THEM IN DIVIDEND AND OR STCG? NOT SOLD YET.

CA Aakarsh Jain

CA Aakarsh Jain (Expert)

20 May 2025 It will be treated as stcg or ltcg depending when you are selling that.

sundeep

sundeep (Querist)

20 May 2025 Ok Thanks. but do I consider it as a dividend at then market rate? how to treat gold ETF where STT is not paid?
what are the following which can be considered as expenses while computing STCG on equity
STT
Stamp Duty
Brokerage
Internet charges
Service tax on Brokerage
exchange tax,etc.

CA Aakarsh Jain

CA Aakarsh Jain (Expert)

20 May 2025 It will not be considered as dividend

sundeep

sundeep (Querist)

20 May 2025 Ok . I need some more answers.Thanks very much. see my query

sundeep

sundeep (Querist)

27 June 2025 THANKS....................................................................................................................

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