Securities Transaction Tax
Section - 105 - Penalty for failure to collect or pay securities transaction tax
Penalty for failure to collect or pay securities transaction tax.105. Any assessee who-
shall be liable to pay,-
| (a) | - | fails to collect the whole or any part of the securities transaction tax as required under section 100; or |
| (b) | - | having collected the securities transaction tax, fails to pay such tax to the credit of the Central Government in accordance with the provisions of sub-section (3) of that section, |
| (i) | - | in the case referred to in clause (a), in addition to paying the tax in accordance with the provisions of sub-section (4) of that section, or interest, if any, in accordance with the provisions of section 104, by way of a penalty, a sum equal to the amount of securities transaction tax that he failed to collect; and |
| (ii) | - | .... 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
