Dear All,
I'm interested in knowing how the share transactions take place for counting capital gains/loss for income tax purpose. Do we have to take into consideration the various charges like brokerage, STT, Stamp Duty, Transacion charges, Service Tax on Brokerage and other services etc. charged by broker, while calculating the cost of purchase and sale of shares? Or they should be shown separately in Capital Account? Please help me as I can't find the answer elsewhere. Thanks in advance.
Hiren.
CAclubindia
