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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Rule 9: Securities Transaction Tax Notices Must Specify Deadline for Return Filing to Ensure Compliance and Efficiency.</h1> Rule 9 of the Securities Transaction Tax Rules, 2004, mandates that the notice calling for the return of taxable securities transactions must specify a time limit. This rule is part of the broader regulatory framework established by the Securities and Exchange Board of India (SEBI) to govern the taxation of securities transactions. The rule ensures that parties involved in taxable securities transactions are informed of the deadline by which they must file their returns, thereby promoting compliance and efficient tax administration.
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