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Right shares.investment accounts
Accountancy
Sir, when in question given that brockerage of 2 percent.for buying and selling shares. Can we consider that brockerage for right shares sold... In below question it is given 50 Percent of shares sold@5rupees ..in this transaction can we consider brockerage of 2 percent
Answers (4)
Brokerage will be paid on only purchase and sale of share, On getting bonus share, right shares no brokerage was paid, and not consider brokerage in bonus share or right share or renouncing rights. Simply on getting right shares no brokerage will be considered because right are sold by Companies directly hence no brokerage. But on sale of those right share brokerage will be paid if you purchase the rights, if you renounce rights no brokerage
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