if a person has STCG only as an income during the year...
in that case will 80C benefit of 1.5 lakh will be available for him....?
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STCG vis-a-vis 80C
Replies (5)
Quick Summary
Yes 80C deductions are available against STCG but not against LTCG
Yes it's okay
80c is not against stcg on shares, I guess
STCG is on capital asset gains which includes shares.Chapter VI deduction can be deducted from such income to arrive at taxable income.
Yes it is available
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