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Capital Gain

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(Querist)
16 July 2010 While computing the capital gain on sale of shares, can we claim deduction of expenses like stamp duty, transaction charges, STT, service tax, sebi tax, etc.?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
16 July 2010 Stamp duty, transaction charges, service tax, sebi tax, etc can be claimed but not STT as it is not allowable.

It also has been discussed here
https://www.caclubindia.com/experts/stt-for-mr-aditya-maheshwari-section-please-413430.asp

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