Capital gain


This query is : Resolved 

(Querist)
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

26 June 2014 If STT is paid on securities then it will go to Exempted Income and will not b taxable as Capital Gain.

Rupesh Jain (Expert)
26 June 2014 STT not include in sales price and purchase price.


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