Securities transaction tax

This query is : Resolved 

08 February 2010 is STT is a part of cost aur is treated as advance tax

08 February 2010 STT is not a advance tax. STT is also not the part of cost of share but it will be separately shown in p & l a/c of traders.

08 February 2010 but stt shown in p & l a/c when its income is treated as a business income. what happened when this income is not shown as a business income?


08 February 2010 but stt shown in p & l a/c when its income is treated as a business income. what happened when this income is not shown as a business income?

08 February 2010 than STT is like expenses which is not allowed



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