Capital Gain on Share Trading

Which items are allowed to deduct w.hile calculating net capital gain for a salaried indvidual who do share trading on occasional basis.

Net Capital Gain = Sale value - buy value - other allowed charges (out of list given below). 

 

SEBI Fees
Stamp Duty
T/o Fee
Brkg
Demat Trans Chrg
GST
STT
Replies (3)
Quick Summary
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.

All of them are deductible but you have to feed them per share wise. You can take my help if needed. For that check my contact details in your inbox

Thanks CA Akash Jain for your quick response. Break up of all charges is ready (scrip wise as well as aggregate basis). I was thinking that Stamp Duty, STT & GST (all things which goes to Govt) are not deductible while calculating Net Capital Gain Value. However, you replied back that all of them are deductible. Thanks for clarification. 

Yes except taxes other things are deductible if you are showing your income under the head capital gains but all expenses are deductible if you are treating them income under business and profession

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