How to show buyback share income?

Efiling 244 views 1 replies

should I simply add the profit from buy back of shares into dividend income ? or some special cell to fill this data. 

also, may simply I substract the cost from the STCG of current FY?

Replies (1)

Regarding subtracting the ccost from the Short-Term Capital Gain (STCG) of the current financial year (FY), in many tax systems, the cost of acquisition and other related expenses are subtracted from the sale proceeds to determine the capital gain or loss. So, yes, you would typically subtract the cost to calculate the STCG. 


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