Deduction from stcg & ltcg
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 December 2015
whether company or firm can claim deduction under chapter VI-A from STCG Or LTCG.
28 December 2015
No deduction under chapter VI A for LTCG as well as STCG taxable u/s 111A. However, VI A deduction is available for any other STCG which is taxable as per slabs.
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