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STT payment on Derivative transaction

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(Querist)
15 July 2010 Is STT paid on Derivative Tansaction (Intra Day Trading) is allowed as business ependiture?
will section 36(XV) allowe here??
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
15 July 2010 Section 36 (xv) can be availed in view of proviso (d) to section 43(5) of the Income tax Act,1961.

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