Deduction of Security Transaction Tax from Nutual fund Fund

This query is : Resolved 

12 July 2023 whether security transaction tax deducted from Mutual fund profit while calculating Mutual fund profit short term or long term.

12 July 2023 No. not eligible u/s. 111A & 112A IT act.

12 July 2023 Sir,
Can I Deduct STT from Mutual fund profit amount.

12 July 2023 Not in case of equity oriented funds.
Yes, for debt category.


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