Stt

This query is : Resolved 

17 July 2013 Is it optional to set off Short Term Capital Loss on Sale of Shares from Long Term Capital Gain from on sale of Shares..??
Note : STT Levied on transactions of Shares..

17 July 2013 if stt is leived on LTCG then its exempted income u/s 10 and against exempted income no set off is allowed as per income tax act.


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