STT ON SHARES


This query is : Resolved 

(Querist)
11 April 2008 can u please tell me what is STT?
can i take stt as a deduction if i m doing intraday in shares?
can i set off against my buisness profit?
how it is reflected in balancesheet &
P&LA/cdiffrent cases like individual,company,firm,

Jitender (Expert)
11 April 2008 stt is a tax which is paid on transaction of shares & which is allowed as exp from f.y2008-09

12 April 2008 Transaction should be carried out only at recognised stock exchange, then only STT is payable


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
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
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details