stt......................

This query is : Resolved 

02 December 2008 1)is STT deductiable under income tax from income of speculative nature for Assmet year 09-10

2) was STT was allowed as rebate in Assmt year 0809??

08 December 2008 Ans.1 The deduction under sec.88 of income tax act,1961 was ommited by finance act,08 so deduction is not allowed in A.Y 09-10
Though same was allowed in A.Y 08-09



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