How to treat share investment

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
06 May 2014 How to Treat the share investment in case of individual and in case investment made by Firm/Pvt. Ltd./Ltd. cos. what is the Tax treatment for STT, Service Tax, Turnover charges, Stamp Duty etc.,. How to account the same?. Please explain in details, with valuable information.

07 May 2014 if you are holding these shares as investment, then STT is not allowed as expense. Service tax, brokerage and stamp duty is included in the cost itself. DP charges should be included as cost of transfer.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Follow us
OR add as source on Google news


Answer Query