<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Penalty for failure to collect or pay securities transaction tax</title>
    <link>https://www.taxtmi.com/acts?id=9941</link>
    <description>Assessees who fail to collect securities transaction tax must pay the tax and interest and incur a penalty equal to the uncollected tax; assessees who collect but fail to remit must pay the tax and interest and incur a daily penalty of one thousand rupees for each day of default, the total of which is capped at the amount of securities transaction tax unpaid.</description>
    <language>en-us</language>
    <pubDate>Wed, 22 Oct 2008 12:06:25 +0530</pubDate>
    <lastBuildDate>Sat, 15 Nov 2025 09:44:35 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=246685" rel="self" type="application/rss+xml"/>
    <item>
      <title>Penalty for failure to collect or pay securities transaction tax</title>
      <link>https://www.taxtmi.com/acts?id=9941</link>
      <description>Assessees who fail to collect securities transaction tax must pay the tax and interest and incur a penalty equal to the uncollected tax; assessees who collect but fail to remit must pay the tax and interest and incur a daily penalty of one thousand rupees for each day of default, the total of which is capped at the amount of securities transaction tax unpaid.</description>
      <category>Act-Rules</category>
      <law>F. Acts / Amendment Acts</law>
      <pubDate>Wed, 22 Oct 2008 12:06:25 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=9941</guid>
    </item>
  </channel>
</rss>