Taxability of Short Term Capital Gain on Shares


This query is : Resolved 

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This discussion clarifies the tax implications of short-term capital gains from selling shares. It confirms there's no threshold limit for these gains. You can indeed claim expenses such as brokerage, SEBI charges, STT, and stamp duty against your short-term gains or losses as part of the cost. The method for calculating short-term capital gains on shares is consistent with other short-term gains, unlike property sales where expense deductibility might differ.

(Querist)
30 June 2020 Dear Sir/Mam,
Please clear below mentioned points:-
1). Is there any threshold limit on short term capital gain on shares ?
2). Can we claim any expenses like brokerage, SEBi Charges, STT, Stamp duty against this short Term Gain / Loss under cost of acquisition ?
3). Is method to calculate of short term capital gain is same for all natures of short term capital gain like Gain from Shares, gain from sale of property ? I heard that cost of acquisition and other expenses are allowed only on sale of property.

Please guide.

Deepak Rawat (Querist)
09 July 2020 Please someone reply. If my question is not correct or details are insufficient then please ask for more details.

26 September 2021 1. No limit
2. Yes
3. Same..


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