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Security transaction tax treatment

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(Querist)
29 September 2010 whether Security transaction tax is added in sale consideration to calculate capital gain?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
29 September 2010 STT is not an allowable deduction for calculating capital gains/
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Santosh Mahato

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Santosh Mahato (Querist)
01 October 2010 I agree aditya That STT is not allowable it mean we will not add stt in COst of acquasition.

My question is deduction from sale consideration.
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
01 October 2010 Yes it is not to be added to the cost of acquistion and not be reduced from the sales consideration also.

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