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Section 111A

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33 Points Posted on 21 October 2019
Cost of acquisition includes expenses such as turnover charges, brokerages at the time of purchase in case of short term gains??
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On 21 October 2019 at 14:05 Report
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SEO Sai Gr. Hosp.
211715 Points Posted on 21 October 2019

Yes, when the charges are paid in appropriation to the transaction/s.

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On 21 October 2019 at 14:48
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Chartered Accountant
1996 Points Posted on 21 October 2019
Yes it should include
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On 21 October 2019 at 16:49
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17264 Points Posted on 23 October 2019
As per broker contract note such charges are included in the contract note itself and therefore contract note Total is purchase / acquisition cost. (all inclusive)
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On 23 October 2019 at 14:33


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