Expenditure wholly and exclusively in connection with transfer

S.K.Agrawal (Others) (114 Points)

14 August 2019  

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.