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.
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Entry for share transactions
Replies (2)
Follow the contract note.
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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