Just a moment...
We've upgraded AI Search on TaxTMI with two powerful modes:
1. Basic
• Quick overview summary answering your query with references
• Category-wise results to explore all relevant documents on TaxTMI
2. Advanced
• Includes everything in Basic
• Detailed report covering:
- Overview Summary
- Governing Provisions [Acts, Notifications, Circulars]
- Relevant Case Laws
- Tariff / Classification / HSN
- Expert views from TaxTMI
- Practical Guidance with immediate steps and dispute strategy
• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.
Help Us Improve - by giving the rating with each AI Result:
Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
<h1>Value of taxable securities transaction set by volume weighted average or trade price, governing calculation and remittance of transaction tax.</h1> Rules prescribe how to determine the value of a taxable securities transaction for equity shares and equity-oriented fund units: in netted settlement, a person's daily volume weighted average price (aggregate trade value divided by total quantity) rounded to the nearest paisa; in trade-for-trade settlement, the transaction price; in auction purchases, the volume weighted average for the auction session; in auction sales, the sale price. Trustees or authorised managers of Mutual Funds are responsible for collection and payment; recognised stock exchanges and Mutual Funds must remit tax using a challan and furnish verified annual returns on prescribed computer media.