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what is mean by security transaction tax? it considers how
during profit calculation of shares trading.
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Answer Posted / shiwani nailwal
STT is levied when a person sells his equity or prefrence
shares held for a time priod of more than 12 months and the
sale price is more than the cost price it is long term
capital gain hence STT is levied on it.
| Is This Answer Correct ? | 8 Yes | 18 No |
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