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STT allowable

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(Querist)
13 July 2008 Whetehr STT is allowable just like TDS or advance tax against the other business income tax in addition to Tax on STT business profit ? and yes then whether it is also allowable against any other head of income ?
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Late CA Sampat Jain

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Late CA Sampat Jain (Expert)
13 July 2008 allowable as expenditure from business of shares dealings

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