https://www.taxtmi.com/manuals?id=1123 Deduction is available for securities transaction tax and commodities transaction tax only where the transactions are entered into in the course of business or profession and the related income is assessable under the head Profits and gains of business or profession. The allowance is confined to transaction-based taxes paid on taxable securities or commodities transactions arising from business activity, such as share trading or commodity trading, and is not available where the person is merely an investor and the income is chargeable as capital gains. en-us Tue, 15 Sep 2015 11:05:00 +0530 Tue, 28 Apr 2026 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1123 Deduction is available for securities transaction tax and commodities transaction tax only where the transactions are entered into in the course of business or profession and the related income is assessable under the head Profits and gains of business or profession. The allowance is confined to transaction-based taxes paid on taxable securities or commodities transactions arising from business activity, such as share trading or commodity trading, and is not available where the person is merely an investor and the income is chargeable as capital gains. Manuals Income Tax Tue, 15 Sep 2015 11:05:00 +0530 https://www.taxtmi.com/manuals?id=1123