deduction of Expenditure on STCG on shares trading
This query is : Resolved
SANDEEP AGGARWAL
(Querist)
25 May 2011
Dear Experts,
I have short term capital gain on shares trading where 15% tax (STT Paid) is payable. Now,I want to know that wheather various expenditure lile brokerage on sale and purchase of shares, STT, DI Charges etc are allowable or not while calculating the short term capital Gain.
Regards,
Sandeep Aggarwal
I have short term capital gain on shares trading where 15% tax (STT Paid) is payable. Now,I want to know that wheather various expenditure lile brokerage on sale and purchase of shares, STT, DI Charges etc are allowable or not while calculating the short term capital Gain.
Regards,
Sandeep Aggarwal
CA MANOJ GUPTA
(Expert)
25 May 2011
STT IS SPECIFICALLY DISLLOWABLE'
ALL OTHER EXPENSES ARE ALLOWABLE
CA MANOJ GUPTA
JODHPUR
09828510543
ALL OTHER EXPENSES ARE ALLOWABLE
CA MANOJ GUPTA
JODHPUR
09828510543
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