STT payment on Derivative transaction

This query is : Resolved 

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

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



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries