Rule 5A - Person responsible for collection and payment of securities transaction tax in case of Insurance Company - Securities Transaction Tax Rules, 2004

1 [ 5A. Person responsible for collection and payment of securities transaction tax in case of Insurance Company .- In the case of an insurance company, the person responsible for collection and payment of securities transaction tax in accordance with sub-sections (2), (3) and (4) of section 100 of the Act, shall be the managing director or a whole-time director, as defined in clauses (54) and (94) of section 2 of the Companies Act, 2013 (18 of 2013), duly authorised by the Board of Directors of such company in this behalf. ] ****************** NOTES:- 1. Inserted vide Notification No. 9/2022 Dated 18-01-2022