When computing the total taxable income where should the following be deducted with respect to speculative income from intraday trading & short term capital gain from cash trading & mutual funds : - Brokerage - STT (Securities Transaction Tax) - Transaction & SEBI Turnover Charges - Stamp Duty
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Capital gain--deductible expense (transfer charges)
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Show in Schedule 'Part B TI-TTI' point no 3ii and Schedule 'BP'point no B-42.
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