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WHICH EXPENSES ARE DEDUCTIBLE FROM SHARE STCG

Tax queries 268 views 1 replies

DEAR EXPERTS, 

I want to know that which expenses can be deducted  as exp.  from profit from shares ?

While doing share transaction various exp. like brokerage, STT, demat charges and other minor charges are applicable , i want to know that among them which charges are to be treated as expense from STCG & LTCG?

i have searched in google but many different answers were there so i am confused about it

Thanks in advance

Replies (1)
Broker’s commission related to the shares sold. Securities transaction tax is not allowed as a deductible expense.


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