Section 111A


Deepthinker   21 October 2019

Deepthinker

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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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Dhirajlal Rambhia (KVO Merau Kutchh)     21 October 2019

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

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CA Dhruva Kalamanji (Chartered Accountant )     21 October 2019

CA Dhruva Kalamanji
Chartered Accountant  
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Yes it should include

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Kapadia Pravin   23 October 2019

Kapadia Pravin

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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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