Deduction from capital gain

This query is : Resolved 

01 August 2014 whether 80c deduction is available from capital gain?

01 August 2014 Deduction under chapter VIA are not available from:

1) Long Term Capital Gain
2) Short Term capital Gain covered u/s 111A
3) Casual Income like winning from lotteries, Card Games, Horse races etc.

02 August 2014 NO IT IS NOT AVAILABLE FOR CAPITAL GAIN, HORSE RACE, GAMBLING ETC., SHORT TERM CAPITAL GAIN.


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