https://www.taxtmi.com/circulars?id=59187 Lending and borrowing under SEBI's Securities Lending and Borrowing framework qualify under the existing Securities Lending Scheme exclusion, so such lending is not treated as a transfer for income tax purposes. Further, transactions of lending and borrowing do not fall within the statutory scope of the securities transaction tax levy and thus are not liable to securities transaction tax. en-us Fri, 22 Feb 2008 00:00:00 +0530 Fri, 18 Jan 2019 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=59187 Lending and borrowing under SEBI's Securities Lending and Borrowing framework qualify under the existing Securities Lending Scheme exclusion, so such lending is not treated as a transfer for income tax purposes. Further, transactions of lending and borrowing do not fall within the statutory scope of the securities transaction tax levy and thus are not liable to securities transaction tax. Circulars SEBI Fri, 22 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59187