Can I claim the fees and brokerage paid as a deduction for computing my capital gains tax in India?

Modified on Wed, 11 Jan, 2023 at 4:10 PM

Yes, any cost incurred on account of sale or transfer of asset is allowable as a deduction while computing the Capital Gains. However, it is pertinent to note that AUM charges and annual subscription charges incurred cannot be claimed as deduction as they are related to holding of capital asset and not in relation to transfer of capital asset.



Disclaimer: This article is for informational purposes only. None of the contents of this article should be treated as advice.

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