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Is Securities Transaction Tax allowed as expenses from Income from Capital Gains

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(Querist)
28 July 2024 Hi,

I have sold some Equity shares as well as Units of Equity Oriented Mutual Funds & Paid Securities Transaction Tax on it

Whether STT paid on sale as well as STT paid at time of Purchase allowed as expense while calculating Income from Capital Gains

Please advise
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Dhirajlal Rambhia online

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Dhirajlal Rambhia online (Expert)
28 July 2024 No. Not allowed.

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