Demat Acc Charges considered as cost of transfer in Calc. CG?

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  1. S K Jain

    S K Jain New Member

    Demat/DP account is having annual fee/ charges, should these annual charges paid on account of demat account be considered as cost of transfer while calculating STCG on shares. Kindly elaborate.
     
  2. Neha Sharma

    Neha Sharma Active Member

  3. S K Jain

    S K Jain New Member

    It is very old update of 2007 and I have been following it.

    However in recent ITR form-2 it is mentioned that "
    Expenditure wholly and exclusively in connection with transfer
    " which has created confusion and need to clarified in current context.

    Thnx
     
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