Expenditure wholly and exclusively in connection with transfer.
Zerodha provides PNL sheet at the top I got charges (Integrated GST, SEBI turnover fees, Exchange transaction, Security transaction, stamp duty, Brokeraze) and other charges ( Other credits and debits). May i consider charges and other charges as expenditure? Can this be claimed as deduction? Thank you.
Expenditure wholly and exclusively in connection with transfer
| SEBI Turnover Fees - Z | |
|---|---|
| Brokerage - | |
| Exchange Transaction Charges - Z | |
| Integrated GST - Z | |
| Stamp Duty - Z |
Can we claim all these as expenditures in ITR2? can we claim STT also as expenditure?
I doubt STT can be claimed under expense
STT won"t and should not be claim if your capital gain is due to stock-in-investment but you can claim STT where you treat it like stock-in-trade ,also stock-in-trade can be used as business income . Only condition is that you trade it frequently, CBDT has cleared this.
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