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Availing STT in calculating STCG

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(Querist)
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
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Sathish k

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Sathish k (Expert)
19 July 2009 yes the same can be reduced as cost of purchase/sales
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hitesh sharma

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hitesh sharma (Querist)
20 July 2009 But Sec48 says that u can;t take stt as expense



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Amit

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Amit (Expert)
30 December 2009 STT cannot be allowed as an expense while calculating capital Gain.

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