Security transaction tax treatment

This query is : Resolved 

29 September 2010 whether Security transaction tax is added in sale consideration to calculate capital gain?

29 September 2010 STT is not an allowable deduction for calculating capital gains/

01 October 2010 I agree aditya That STT is not allowable it mean we will not add stt in COst of acquasition.

My question is deduction from sale consideration.

01 October 2010 Yes it is not to be added to the cost of acquistion and not be reduced from the sales consideration also.


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