Hi Freinds what Entry has to be passed in case of Share Purchasing & selling of Shares. What has to be taken into account, for eg. Service Tax, STT, Brokerage etc., while Purchasing and selling of shares. Pls. explain in detail. Thanks in advance.
Bhavesh (Accounts) (899 Points)
08 March 2014Hi Freinds what Entry has to be passed in case of Share Purchasing & selling of Shares. What has to be taken into account, for eg. Service Tax, STT, Brokerage etc., while Purchasing and selling of shares. Pls. explain in detail. Thanks in advance.
Bhavesh
(Accounts)
(899 Points)
Replied 09 March 2014
Hi, Mihir What to Follow in contract Note? for eg.
| Gross | Brkg. | Total Net | STT | Service Tax & Stamp Duty |
What effect has to be taken while Purchase & Sale for STT?
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