profit earned on selling of shares on which securities transaction tax is paid are taxable under d haed capital gains?
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Is it taxable
Replies (2)
ya it is taxable as per sec.111A(STCG)& SEC. 10(38) gives exemption on LTCG arising on tfr of eq. shares
for investor, it is taxable under head capital gains
for Stock Broker, under head PGBP
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