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
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