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Transaction tax

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(Querist)
14 February 2013 WHAT IS SECURITIES TRANSACTION TAX?.
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
14 February 2013 Securities Transaction Tax is a tax that is leviable on taxable securities transaction.

Taxable Securities Transactions are transactions involving
.
Purchase or sale of(provided it is entered into at recognized stock exchanges):
- equity share in a Company or
- a derivative or
- a unit of an equity oriented fund
.
Sale of a unit of an equity oriented fund to the Mutual Fund itself.
.
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Ashok Sharma

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Ashok Sharma (Querist)
15 February 2013 thanx sir ji
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