Hello Friends,
I want to know is Securities Transaction Tax is compulsory for doing online trading even if my annual income is less the minimum prescribed limit of taxable income.
Can i take exemption of STT because my income is less then the taxable income and If Yes then What should i Do ?
STT CANT BE EXEMPTED AT ANY CASE .......U HAVE TO PAY IT...
STT has nothing to do with ur annual income...U have to pay for it everytime u make a transaction in securities
KK & Company Chartered Accountant
Pune
CA Inter
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CCI
Pro
CAclubindia
