Section 111A

Deepthinker   21 October 2019


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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??


Dhirajlal Rambhia (KVO Merau Kutchh)     21 October 2019

Dhirajlal Rambhia
KVO Merau Kutchh 
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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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