Computation of Capital Gain
This query is : Resolved
03 June 2011
What item add/substract from purchase/sale of share for computing Capital Gain? is it differ in case of Investment or trading? or for long term or short term?
(Brokerage,Demat Delivery Charges,Stamp Charges, Service Tax, Securities Transaction Tax,Other Charges)
(Brokerage,Demat Delivery Charges,Stamp Charges, Service Tax, Securities Transaction Tax,Other Charges)
Sunil Kr. Sanganeria
(Expert)
03 June 2011
All expenditure as mentioned by you except STT is not deductible while computing Capital Gain
CA PARAS BAFNA
(Expert)
03 June 2011
I agree with expert and want to further add that in case of trading STT and actual business expenses like telephone, interest, office rent etc can also be deducted.
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