securities transaction tax
This query is : Resolved
15 March 2008
whether stt should be deducted from sales considration received from sale of shares for the purpose of calculating the short term/long term capital gain to achive the net sales considration ?
15 March 2008
STT is not deductible from sale amount to calculate NET SALE CONSIDERATION.
15 March 2008
NO DEDUCTION OF STT SHALL BE ALLOWABLE FROM SALE CONSIDERATION
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