Hi ST,
Can you elaborate please. My understanding is at the end of the year while computing taxes we can include STT and stamp duty as business expenses. (Provided we file audited report).
Can you elaborate please. My understanding is at the end of the year while computing taxes we can include STT and stamp duty as business expenses. (Provided we file audited report).
These are considered as deductible expenses but not as tax credit like TDS or advance tax paid....there is a big difference between the two.
Smart_trade