Value of taxable securities transaction

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....iented fund, entered into in a recognised stock exchange, shall be determined in the following manner, namely :- (a) where the equity share or unit is purchased or sold by a person on a trading day in the netted settlement mode,- (i)  the quantity of shares or units purchased or sold in each trade in that equity share or unit executed by the person on that day, shall be....

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....ation - For the purposes of this clause, the determination of the value of taxable securities transaction in a case where the equity share or unit is purchased or sold through a member of the stock exchange, shall be made with reference to the trades executed in the equity share or unit under a particu­lar client Code through that member; (b) where the equity share or unit is pur....

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....urposes of this rule- (i)  "netted settlement mode" means a mode of settlement of transactions in a recognised stock exchange where the quantity of an equity share or unit purchased by a person on a trading day is set off against the quantity of that equity share or unit sold by him on that day and actual delivery is required to be taken or given by him as the case may be, only in re....