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/-
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Capital Gain STCG
Replies (2)
Please consider only net sale consideration. so u have calculate CG accordingly
Brokerage during buying not allowed as expense.
sale
no of shares X sale price per share
less brokerage during sale
less no of shares X buy price per share
In case share was bought before 31 01 2018 apply grandfathering clause
sale
no of shares X sale price per share
less brokerage during sale
less no of shares X buy price per share
In case share was bought before 31 01 2018 apply grandfathering clause
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