Expenses related to sale or purchase of shares treatment
This query is : Resolved
30 May 2023
1. Brokerage 2. Securities Transaction Tax ( S.T.T) 3. Stamp Duty 4. Stock Exchange Charges 5. Depositary Participant Charges 6. SEBI Turnover Charge 7. GST, etc
Whether these expenses related to purchase /sale of shares
In the case of purchase of shares to be added
in the case of sale of shares to be deducted.
While making journal entry of purchase and sale of shares.
Whether these expenses related to purchase /sale of shares
In the case of purchase of shares to be added
in the case of sale of shares to be deducted.
While making journal entry of purchase and sale of shares.
30 May 2023
Yes, correct, except STT while sells of shares through any exchange.
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