Is Securities Transaction Tax allowed as expenses from Income from Capital Gains
This query is : Resolved
28 July 2024
Hi,
I have sold some Equity shares as well as Units of Equity Oriented Mutual Funds & Paid Securities Transaction Tax on it
Whether STT paid on sale as well as STT paid at time of Purchase allowed as expense while calculating Income from Capital Gains
Please advise
I have sold some Equity shares as well as Units of Equity Oriented Mutual Funds & Paid Securities Transaction Tax on it
Whether STT paid on sale as well as STT paid at time of Purchase allowed as expense while calculating Income from Capital Gains
Please advise
Dhirajlal Rambhia
(Expert)
28 July 2024
No. Not allowed.
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