banner_ad

Capital gains on share transactions

Tax queries 439 views 2 replies

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.

Replies (2)
all charges are to be taken into consideration... diff of net receivable and net payable is called profit. this profit is subject to capital gains.

all charges are to be taken into consideration... diff of net receivable and net payable is called profit. this profit is subject to capital gains.

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details