Securities Transaction Tax
Section - 98 - Charge of securities transaction tax.
Charge of securities transaction tax.98. On and from the commencement of this Chapter, there shall be charged a securities transaction tax in respect of the taxable securities transaction specified in column (2) of the Table below, at the rate specified in the corresponding entry in column (3) of the said Table, on the value of such transaction and such tax shall be payable by the purchaser or the seller, specified in the corresponding entry in column (4) of the said Table:TABLE
| Sl. No. | Taxable securities transaction | - | Rate | - | Payable by |
| 1 | ---------2 | - | 3 | - | 4 |
| 1. | Purchase of an equity share in a company [or a unit of a business trust] [***] where- | - | .... To read the full section download the app from Google Play store
ARTICLESHIP
25 October 2026
Article Intern (CA Articleship)Arpan Bohra & Co Hyderabad CA Inter View Details
ARTICLESHIP
28 October 2026
Article assistantsShyam S Gupta and Company New Delhi CA Inter View Details
Featured
ARTICLESHIP
28 October 2026
CA- Inter and ArticlesN N V Satish & Co., Hyderabad CA Inter View Details
CCI
Pro
|
CAclubindia
