Service tax disclosure: brokers must show tax amount separately on contract notes and bills to ensure transaction transparency. Requirement that Service Tax be shown separately on brokerage bills and contract notes to promote transparency in securities transactions; stock brokers must prominently indicate the Service Tax amount on bills for sale or purchase of securities, and exchanges/trading bodies were asked to notify members of this directive.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Service tax disclosure: brokers must show tax amount separately on contract notes and bills to ensure transaction transparency.
Requirement that Service Tax be shown separately on brokerage bills and contract notes to promote transparency in securities transactions; stock brokers must prominently indicate the Service Tax amount on bills for sale or purchase of securities, and exchanges/trading bodies were asked to notify members of this directive.
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