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STT

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(Querist)
24 September 2009 Deduction of 88E is not available now. Is STT is deductable as business expense if income from shares is shown as business income and in case of capital gain, is STT is includable in cost of shares and deductable in sale value.
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Anjani Pratap Tiwari

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Anjani Pratap Tiwari (Expert)
24 September 2009 yes
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
24 September 2009 yes now it may be claimed as an expense or a component of the cost of acquisition as the case may be.
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
24 September 2009 yes

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