Capital Gain on Share Trading

This discussion clarifies which expenses can be deducted when calculating net capital gains from occasional share trading for salaried individuals. It confirms that SEBI fees, stamp duty, turnover fees, brokerage, demat charges, GST, and STT are generally deductible. The key distinction is whether you declare your share trading income under 'capital gains' or 'business and profession', as this affects the deductibility of certain government taxes.