Demat a/c chgs will be allowed as exps incidental to trf.
This query is : Resolved
27 January 2010
Hello all,
I want to know that whether the demat a/c charges can be taken as expenses incidental to transfer in case of capital gain on shares & securities?
as like other expenses of brokerage, stt etc.
please clarify the same.
thanks in advence.
I want to know that whether the demat a/c charges can be taken as expenses incidental to transfer in case of capital gain on shares & securities?
as like other expenses of brokerage, stt etc.
please clarify the same.
thanks in advence.
27 January 2010
NO. as you are taking it as capital gain so shares is not your business. in individual return it demat a/c charges can't be taken as exp
28 January 2010
Yes. I agree with this view.
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