Refund of STT possible or not???

C.A. Axat Doshi (Practising C.A.) (39 Points)

31 July 2010

Please tell me can I claim refund of STT instead of claiming as an expense???

If yes then what is the procedure for the same???

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3 Replies

CA Ayush Agarwal (Kolkata-Pune-Mumbai) (27186 Points)
Replied 31 July 2010

no refunds,

if ur business, then only u can claim it as expense

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C.A. Axat Doshi (Practising C.A.) (39 Points)
Replied 31 July 2010

I m also of the same view but 1 ca mumbai told me that refund is possible...

provided broker gives certi 4 d same...

Manoj BG (Tax Professional and in Service) (1795 Points)
Replied 31 July 2010

NO REFUND OF STT.

U CAN ONLY CLAIMED IT AS AN EXPENSE.

REGARDS,

MANOJ

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