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STT - Cost or not

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(Querist)
08 June 2010 Can we consider STT as a cost while buying & Selling of shares.

What are the TDS norm in case there is a short term gain for Non Resident investors.

Can TDS be charged or every Gain Transaction or it should be calulated on quaterly basis, after considering all the transaction of gain as well as loss

Thanks in advance
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CA. Anoop Gadia

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CA. Anoop Gadia (Expert)
15 July 2010 STT in buying and selling is not a part of cost in capital gain and it is treated as exp. in business income
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CA. Anoop Gadia

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CA. Anoop Gadia (Expert)
21 July 2010 rate of investment income for NR is 20% but short term gain it is 15%.
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