Aplicatbility of short term capital gain

No Tax liability........... GTI including STCG is below BEL.

For capital gains........ AMC charges in ratio of other holding scriptts can be deducted; brokerage deduction allowed, but no other such related expenses.

Most Welcome..

Rambhia sir as you stated "AMC charges in the ratio of other holding scripttts can be deducted". Will you please elaborate it, may be with an example. This ratio will be based on total holding as on date or holdings bought in that particular year or holding sold in that particular year. Also for ratio purpose only procured / sold value to be taken into account or with other charges like STT, GST, Brokerage, Stamp Duty, Demat Charges, etc.

Suppose AMC charged (incl. 18% GST) per year is Rs. 590.00 Someone bought shares as follows:

Year 2018-19: Company A: Rs. 10,000, Comapy B: Rs. 5000, Company C: Rs. 20000

Year 2019-20: Company D: Rs. 6000, E: Rs. 8000, F: Rs. 25000

Sold: Co. B for Rs. 8000, D Rs. 5000

Year 2020-21: Company G: Rs. 10000, H: Rs. 15000

Sold Co. A: 15000, Co, H: 12000

Please clarify.