sir
we purchase and sale some shares please suggest entry in books of account is correct or not and how to withdrawal STCG from sale purchase
Purchase entry.
Investment in shares Rs.14325 Dr. ( Investment)
Brokage & other exp. 20 Dr.( Investment)
SBICAP Rs.14345 Cr.( sundry creditors)
Sale entry.
SBICAP Rs.14682 Dr.(Sundry creditors)
Brokage & other exp 18 Dr.(Investment)
Investment in shares 14700 Cr.(Investment)
please suggest how to calculate STCG
CAclubindia
