Stt
This query is : Resolved
09 August 2011
IN THE SHARE TRADING STT ( SECURITY TRANSACTION TAX ) IS ALLOWABLE EXP. OF NOT
09 August 2011
If the income from share trading is offered under the head 'income from business or profession' , STT can be claimed as business expenditure as per section 36(1)(xv) of the Income tax Act,1961.
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