Hi Zerodha Team,
For Equity Delivery,
Does the Console Tax P&L statement factor in the ‘cost of acquisition’ and ‘cost of Sale’ of Stock ??
ie. Brokerage (0 for Equity Delivery), STT, Exchange, GST, SEBI, Stamp Duty charges incurred per Transaction.
Eg. Buy 10x100, = Rs.1000. Buy Charges = Rs.2. Total Buy Cost = Rs.1002.
Sell 10x120 = Rs.1200, Sell Charges = Rs.2. Total Sell Cost = Rs.1198.
Cap Gain Calculation -
Case A (without factoring Txn Charges) = 1200 - 1000 = Rs.200.
Case B (factoring Txn Charges) = 1198 - 1002 = Rs.196.
I suppose Case B is the correct Calculation of CG.