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securities transaction tax

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(Querist)
11 May 2011 In calculation of capital gain for invetment and also profit/loss from trading purposes, Securities transaction tax will be deducted from sale proceeds and cost of acquisition?
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
11 May 2011 No..STT will not be deducted & gain will be calculated with the Gross amount (including STT)
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