Sold equities and want to pay less capital gains tax by using Securities Transaction Tax (STT)? Find out if you are eligible to do so

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Intraday stock traders can lower their capital gains tax by adding Securities Transaction Tax (STT) in their acquisition cost, unlike regular investors. This reduces net capital gains. But equity investors taking delivery of securites can't add STT to their cost of acquisition and doing so can trigger income tax notices. Read below to know more about capital gains tax on equities.