Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is mean by security transaction tax? it considers how
during profit calculation of shares trading.

Answer Posted / ankur garg

As the name suggest STT is levied on transactions involving
securities.Securities transaction tax is levied both at the
time of purchsae and sell of securities.it is to be paid
only in case transaction is made through recognised stock
exchange ie. if transaction is not made through recognised
stock exchange no stt is to be paid.
If share trading is your business then it shall be allowed
as an expense for the purpose of calculating your profit or
loss from share trading and if u r not a trader but an
investor that no such deduction shall be allowed at the
time of calculating your short or long term capital gain,
as the case may be,

Is This Answer Correct ?    8 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

WHAT IS EXCISE DUTY RATE IN HARYANA for RMC

2847


What is the different between Excise Invoice and Invoice

2103


What is the Procedure of Import & Export

2106


how to filing rt-1

2032


What is Cenvat

4011


what is the prime cost? and factory cost how to calculate it?

2159


How to calculate rental exemption if HRA is not given seperately and what will be the maximum allowability and under which Section of Income tax

1873


do we have tds in nigeria

3104


th point in when will details wil get filled in ER1 2a and 2B?capg

1769


WHAT IS TAXATION?

2344


Can any One Plz Help Me with TDS Charts & Filling? Plz Send Me All Details to My email Id: satish.0483@gmail.com Plz Its Asked to Me In My Interview Held In Coming 2 Or 3 Days

2012


due date for issue of C form, if c form is not issue what will be the consequences

3834


what is fbt@ ,sd @

2202


If we want to do online PT registration it starts from 2007-08. But our firm started 2005-06. What is the procedure? Manually we have to submit the documents. Can any one let me know.

1905


what Is the ITc Claimed. how to utilized the ITC.

2036