Long turm capital gain on sale of share
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 December 2014
Dear Sir
what is treatment of brokerage charges & service tax while computing income from LTCG?
what is treatment of brokerage charges & service tax while computing income from LTCG?
28 December 2014
These will form the cost of purchase and as such added to the cost of acquisition.
.
At the time of sales, these costs are incurred in connection with the selling of the capital asset and as such can be deducted from the Sales consideration and can be deducted as Expenditure incurred wholly and exclusively in connection with such transfer.
.
At the time of sales, these costs are incurred in connection with the selling of the capital asset and as such can be deducted from the Sales consideration and can be deducted as Expenditure incurred wholly and exclusively in connection with such transfer.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Reopen of assessment proceeding
- Rental income gst and it purpose
- EPF FULL & FINAL RULES IN 2026
- Gift Received from nonblood relative
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Experts need help
- Management System (IMS)
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
