Expenditure on STCG? URGENT PLEASEEEEEEEEEEe

Rajesh Gupta Tayi (Writing Final grp2 in nov 2013)   (78 Points)

10 May 2010  

Hi,

Interest Paid For Earning STCG Will be deductable From STCG?

Means Loan Taken for Invest in Equity Shares and Earned STCG. Interest Paid on That Will be Deductable on such STCG?

Shares traded Through Regcon Stock Exchange.

 

and One More is Exemption Slab Rs.1,60,000/-  Will it be Allowable in STCG. because there is no other income.

 

Urgent Please

Yours

Raj