STT


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
13 December 2010 SIR I WANT TO KNOW WHETHER STT PAID ON SALE AND PURCHASE OF SHARES CAN BE CLAIMED AS AN EXPENSE IN CASE OF SHARE TRADING BUSINESS. AND ALSO WHAT WOULD BE ITS TREATMENT IN CASE OF CAPITAL GAIN.

13 December 2010 Allowable from business income but not from capital gains.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
13 December 2010 stt paid on purchase of shares can be claimed in case of business and stt paid on purchase cannot be included in cost for capital gain purpose

13 December 2010 yes


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details
Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details