How do I calculate Capital Gains on shares and mutual funds?
This query is : Resolved
24 August 2020
I need to calculate Capital Gain on Shares for filling ITR.
Is the below formula to compute is correct?
Capital Gain = [Sale Price - Cost of expenditure (i.e brokerage + Transaction Charges + Stamp duty)] - [Purchase Price + Cost of Acquisition (i.e brokerage + Transaction/Turnover Charges + Stamp duty)].
Is GST paid while purchasing shares added to the Cost of Acquisition and Cost of expenditure OR it is completely excluded from calculations like STT?
Thanks.
Is the below formula to compute is correct?
Capital Gain = [Sale Price - Cost of expenditure (i.e brokerage + Transaction Charges + Stamp duty)] - [Purchase Price + Cost of Acquisition (i.e brokerage + Transaction/Turnover Charges + Stamp duty)].
Is GST paid while purchasing shares added to the Cost of Acquisition and Cost of expenditure OR it is completely excluded from calculations like STT?
Thanks.
31 August 2020
https://cleartax.in/s/different-mutual-funds-taxed
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