Deductible Expenses from Capital Gain / Loss

all charges except for STT are deductible as expenditure incurred for effecting the sale as per the provisions of Section 48.

Also by virtue of the amendments brought about by the Fianance Act 2008, if STT is incurred in the course of the business of trading in Shares etc then it is also deductible as a business expenditure..

However under no circumstances can it be deducted while computing Capital gains