STT, Brokerage & Interest paid against dividend income
This query is : Resolved
Jyotin Gagrani
(Querist)
30 July 2024
Dear Experts,
If my client has incurred expenses towards STT, Brokerage and interest for margin trading and earned dividend. Can my client claim all these expenses against Dividend Income under Income from Other Sources ? Is there any limit to what extent can be claimed ?
If my client has incurred expenses towards STT, Brokerage and interest for margin trading and earned dividend. Can my client claim all these expenses against Dividend Income under Income from Other Sources ? Is there any limit to what extent can be claimed ?
CA R SEETHARAMAN
(Expert)
31 July 2024
All these expenses can't be deducted from dividend income.
All such expenses can be deducted from capital gains on sale of shares.
All such expenses can be deducted from capital gains on sale of shares.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Taxation of crypto futures in India Fy 2026- 2027
- MSME disclosure and disallowance
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- EPF ECR NEW RULES Sep 17th 2026
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- 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
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
