Securities transaction tax: specified Income-tax Act provisions apply to extend procedural and compliance mechanisms to STT. Certain provisions of the Income-tax Act, 1961 are made applicable to securities transaction tax so far as may be, in the same manner as they apply to ... Summary
Securities transaction tax: specified Income-tax Act provisions apply to extend procedural and compliance mechanisms to STT.
Certain provisions of the Income-tax Act, 1961 are made applicable to securities transaction tax so far as may be, in the same manner as they apply to income-tax; a specified list of sections of the Income-tax Act (as in force from time to time) is incorporated into the securities transaction tax framework to extend corresponding procedural, assessment and compliance mechanisms.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.