https://www.taxtmi.com/notifications?id=5667 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. en-us Tue, 28 Sep 2004 00:00:00 +0530 Sat, 07 Sep 2019 17:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=5667 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. Notifications Income Tax Tue, 28 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/notifications?id=5667