banner_ad

EXPENSES DEDUCTIBLE WHEN COMPUTING CAPITAL GAIN FROM SHARES SOLD THROUGH DELIVERY AFTER PAYING STT

Tax queries 358 views 2 replies

I shall be thankful if any qualified Tax expert can clarify whether in addition to BROKERAGE, other expenses namely 1)GST 2) SEBI TURNOVER FEES 3)STAMP DUTY 4)EXCHANGE TRANSACTION CHARGES 5)DEMAT FOLIO CHARGES AND 6) DEMAT DELIVERY CHARGES  can be deducted from the Capital Gain earned by buying and selling shares ON DELIVERY  before arriving at the net Capital Gain liable for Income Tax.  STT is NOT deductible expense, and I need a clear cut clarification on the above mentioned heads with regards to the prevailing Income tax laws and rules.PL CLARIFY

V RAMACHANDRAN.

rvrv002 @ gmail.com

Replies (2)
Hello, any charges related to tax are not deductible. In your points, GST is not deductible. If you need any further details then please check out your inbox.
Delivery is not available except when mutually agreed.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details