Securities Transaction Tax

Section - 99 - Value of taxable securities transaction

Value of taxable securities transaction.

99. The value of taxable securities transaction,-

[(a) - in the case of a taxable securities transaction relating to an option in securities, shall be-
(i) - the option premium, in respect of transaction at item (a) of serial number 4 of the Table in section 98;
(ii) - the [intrinsic value], in respect of transaction at item (b) of serial number 4 of the Table in section 98;]
(b) - in the case .... To read the full section download the app from Google Play store
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