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Set-off and carry forward of losses

This query is : Resolved 

02 June 2009 Hello,

CAN SHORT TERM CAPITAL GAIN(WITHOUT STT) BE SET OFF WITH SHORT TERM CAPITAL LOSS(WITH STT).
STCG(WITHOUT STT) IS CHARGED AT 30%
STCG(WITH STT) IS CHARGED AT 15%

REGARDS

03 June 2009 loss without stt can be set off against income without stt only

03 June 2009 Without STT loss can be set off with without STT and vis-a-versa


03 June 2009 THANKYOU FOR THE REPLY.
BUT THERE ARE TWO DIFFERENT OPINIONS. PLEASE CLARIFY

03 June 2009 Short term capital loss on which STT has been paid can be set off against Short Term Capital gain on which STT has not been paid and vice versa..



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