alleryStart learning →Until 31 March 2008, STT paid was allowed as a rebate under which section?
ASection 80C
BSection 87A
CSection 88E
DSection 89
Answer & Solution
Correct answer: C. Section 88E
Section 88E gave a rebate for STT until it was discontinued from 1 April 2008.
Keep practising Capital Gains
Browse all Capital Gains questions for CA Inter, or explore more Taxation topics.
Related questions
A capital loss arises when the purchase price is what versus the sale price?Capital gain is generally computed by subtracting what from the sale price?Which is the correct list of the five heads of income?How many sections does the Income-tax Act, 2025 contain?From what date did the Income-tax Act, 2025 replace the 1961 Act?Which of these bonds is excluded from capital assets?Which personal-use movable property still counts as a capital asset?Which item is excluded from the definition of a capital asset?