Capital gain correct

Dear Sir

please suggest STCG is correct or wrong

Buying shares

Investment in shares Rs.58990/-
buying exp.eg.brokage etc Rs.110
Broker CR. 59100

Sale shares
Bank account 59550
Expenses.150
investment in shares CR.59700


STCG = 59700-59100-150 = 450 @ 15% 68/-
Replies (3)
Quick Summary
This discussion clarifies the calculation of Short Term Capital Gains (STCG) tax on share investments. It provides a worked example showing how to determine the taxable gain by deducting buying expenses, brokerage, and selling costs from the sale proceeds. The post also prompts for confirmation of STT payment and notes the removal of Section 10(38).

Specify STT paid while selling...

Have you paid STT ?.
Sec 10(38) Is removed .

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