Capital gain-mtr


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Querist : Anonymous

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Querist : Anonymous (Querist)
26 July 2011 respected sir/madam

pls guide me

short term capital gain from shares investment Rs.5 Lac. security transaction tax is rs.14000

should i pay tax on (5 00 000 -14000=486000)
or on Rs.(5 Lac)

pls guide me

26 July 2011 STT is not deductible . You have to pay tax on 500000.

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 July 2011 thanking u sir
ur guidence is very important for me


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