Availing STT in calculating STCG
This query is : Resolved
19 July 2009
Can we avail brokerage,security transaction tax,service tax and stamp duty while calculating short term capital gain or long term capital gain
19 July 2009
yes the same can be reduced as cost of purchase/sales
20 July 2009
But Sec48 says that u can;t take stt as expense
30 December 2009
STT cannot be allowed as an expense while calculating capital Gain.
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