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Expenditure incurred on transfer of shares

Tax queries 285 views 4 replies

LTCG Rs 208417  and  STCG Rs 340152 as per p&L statment

Levies as per report

Statutory charges Rs 240.77,  Stt Rs 6912,  delivery commission 17466, stamp duty 580, sgst &cgst  each Rs 1885.85

Further total of demat charges debited to account  4255

How much expenditure i have to consider iro LTCG and STCG while filling ITR 2

Replies (4)
Expenditure should be identified for STCG or LTCG or still in holdings in demat account

all charges that you mentioned can be claimed as expenditure, divide charges between stcg and ltcg on reasonable basis. 

You can get Tax Report from demat service provider and also from CDSL/NSDL
Ask for excel report of for exact details.

Demate charges distributed in ratio of sale value of shares


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