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Short Term capital gain

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(Querist)
07 April 2011 Can i treat the STCG on shares under normal slab rate and if so then can i claim 80CCC deduction against the same income?
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prasad

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prasad (Expert)
07 April 2011 Yes. One can claim deduction U/s 80 CCCC and then on balance of income special rate of income tax is applied.
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CA Navin Jain

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CA Navin Jain (Expert)
25 April 2011 yes u can do it
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