When transferring shares, which expenses exempted from the capital gain tax ?
Hi @Rajendra_Gotad,
Expenses that are wholly and exclusively incurred in relation to the transfer of shares are allowed to be deducted from sales consideration. Expenses such as brokerage, stamp duty, sales commission, etc. can be claimed as an expense in your Income Tax Return. All these expenses are allowed as deductions only for the purpose of calculating the Capital Gains. However, Securities Transaction Tax (STT) is not allowed as a deduction.
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