banner_ad

Expenditure wholly and exclusively in connection with transfer

ITR 2692 views 3 replies

While selling shares AMCs charge a Demat Charges or Delivery Charges for each ISIN which is shown in Legder by AMC. Can we show this amount (alongwith 18% GST levied on it by AMC) against "Expenditure wholly and exclusively in connection with transfer" and take deduction of same from Capital Gains in a F.Y.

Replies (3)

Yes. (except STT)

OK. Thanks
STT is by default included in Contract Note


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details