https://www.taxtmi.com/acts?id=11706 Allowable deductions on transfer of an investment asset are cost of acquisition, cost of improvement and transfer expenses. Equity shares or units subject to securities transaction tax receive percentage deductions of computed income depending on holding period-full deduction if held over one year, partial deduction if held one year or less-with symmetric treatment of negative income. Other investment assets transferred after more than one year from the end of the financial year of acquisition permit deductions for indexed cost of acquisition, indexed cost of improvement, transfer expenses and rollover relief under section 55. en-us Thu, 16 Sep 2010 18:42:47 +0530 Fri, 17 Sep 2010 13:29:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11706 Allowable deductions on transfer of an investment asset are cost of acquisition, cost of improvement and transfer expenses. Equity shares or units subject to securities transaction tax receive percentage deductions of computed income depending on holding period-full deduction if held over one year, partial deduction if held one year or less-with symmetric treatment of negative income. Other investment assets transferred after more than one year from the end of the financial year of acquisition permit deductions for indexed cost of acquisition, indexed cost of improvement, transfer expenses and rollover relief under section 55. Act-Rules Bills Thu, 16 Sep 2010 18:42:47 +0530 https://www.taxtmi.com/acts?id=11706