Tax
This query is : Resolved
18 February 2009
1>Is Medical Claim receipt is taxable item or not?
2>Is it possible to deduct :=
a)Interest paid on loan borrowed for investment in share
b)DP Charges
c)STT paid
from STCG resultant from investment?
2>Is it possible to deduct :=
a)Interest paid on loan borrowed for investment in share
b)DP Charges
c)STT paid
from STCG resultant from investment?
18 February 2009
you can income from shares either as business income or as capital gain. in the given situation, you can claim all these expenses, if you shown income from shares under the head business or profession. then these expenses are incidental to business or profession
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Section 194JA & JB Income which ITR Form to use
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Regarding ITR filing with more value than showing in AIS/TIS
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
