Expenditure incurred on transfer of shares

When calculating capital gains tax (LTCG and STCG) from share transfers, you can deduct various expenditure incurred. This includes statutory charges, Securities Transaction Tax (STT), delivery commissions, stamp duty, GST, and demat charges. These costs should be reasonably allocated between STCG and LTCG based on the sale value of the shares. Obtaining a detailed tax report from your demat service provider or CDSL/NSDL can help you identify and claim these deductible expenses accurately for your ITR filing.