Capital gain
This query is : Resolved
26 June 2014
Dear experts
i want to know that how capital gain is calculated on speculation income (same day-buy/sale of shares) Is Stt is taken in purchase cost & sale price...?
thanks & regards
Priyank
i want to know that how capital gain is calculated on speculation income (same day-buy/sale of shares) Is Stt is taken in purchase cost & sale price...?
thanks & regards
Priyank
26 June 2014
If STT is paid on securities then it will go to Exempted Income and will not b taxable as Capital Gain.
26 June 2014
STT not include in sales price and purchase price.
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