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Calculation of profit/loss in shares & f&o

Secondary Mkt 1052 views 1 replies

Gautham

portfolio. advisor

52 Points Joined May 2014

For delivery trading in equity segment

How to calculate profit on shares

How to treat brokerage, stt,service tax etc? Should we consider only purchase price/sale price or should we add brokerage or all(stt, service tax,TO chrgs, sebi chrgs)?

For F&O SEGMENT

What are the deductions/expenses we can claim while trading in F&O and treating it as a business income. Brokerage,charges,taxes,etc can be deducted?

How bout office rent,newspaper and magazine subscripttions,advisory fees paid,computers and office equipment,salary paid,etc?

plz help

Replies (1)

Any ca, tax consultant or accountant can do complete accounting of stock market transactions in 3 hours max, irrespective of turnover, with the help of attached reports. All the required information is given in the covering letter. For any queries feel free to contact me.