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<h1>Securities Transaction Tax Rules, 2004: Key Procedures for Implementing Tax, Filing Returns, and Handling Appeals Explained.</h1> The Securities Transaction Tax Rules, 2004, established under the Finance (No. 2) Act, 2004, outline the procedures for implementing securities transaction tax provisions. Effective from October 1, 2004, these rules define key terms, methods for calculating the value of taxable securities transactions, and the responsibilities of parties involved, such as stock exchanges and mutual funds, in collecting and remitting the tax. The rules detail the process for filing returns, the rounding off of tax values, and the handling of refunds. They also specify the forms and procedures for appeals to the Commissioner of Income-tax (Appeals) and the Appellate Tribunal.