STT
This query is : Resolved
Querist : Anonymous
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.
Querist : Anonymous
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
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