Security transaction Tax
This query is : Resolved
17 June 2008
What is the treatment to STT when we paid on paid on purchase of shares.it will consider under REBATE or add to purchases
17 June 2008
STT will never forms the part of Purchases but it will be allowed as REBATE u/s. 88E only when the assessee is engaged in the business of sale and purhcase of the Shares and not otherwise.
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