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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Quick Summary
This discussion clarifies whether deductions under Section 80C of the Income Tax Act can be claimed against Short Term Capital Gains (STCG). The consensus is that 80C benefits are indeed available against STCG, unlike Long Term Capital Gains (LTCG). This means individuals with STCG as their primary income source can potentially utilise the ₹1.5 lakh deduction.