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STT ON MUTUAL FUND

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(Querist)
13 March 2009 IF AN ASSESSEE HAS A SHORT TERM PROFIT FROM MUTUAL FUND AND ALSO HE PAID THE STT THEN ON THAT INCOME TAX IS APPLICABLE AT NORMAL RATE OR @ 10%
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
13 March 2009 Its not 10% but 15% from A.Y 2009-10.

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