Short-term capital losses with STT can offset gains from non-STT transactions; ensures consistent tax treatment despite rate differences.

Short-term capital losses with STT can offset gains from non-STT transactions; ensures consistent tax treatment despite rate differences. https://www.taxtmi.com/highlights?id=34360 Set off of losses - Merely because the two set of transactions are liable for different rate of tax, it cannot be said that income from these transactions does not arise from similar computation made - STCL arising from STT paid transactions can be set off against STCG arising from non-STT transactions - AT en-us Mon, 17 Apr 2017 08:50:31 +0530 Mon, 17 Apr 2017 08:50:31 +0530 TaxTMI RSS Generator Short-term capital losses with STT can offset gains from non-STT transactions; ensures consistent tax treatment despite rate differences. https://www.taxtmi.com/highlights?id=34360 Set off of losses - Merely because the two set of transactions are liable for different rate of tax, it cannot be said that income from these transactions does not arise from similar computation made - STCL arising from STT paid transactions can be set off against STCG arising from non-STT transactions - AT Highlights Income Tax Mon, 17 Apr 2017 08:50:31 +0530 https://www.taxtmi.com/highlights?id=34360