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TMI BlogIncome-tax (First Amendment) Rules, 2005X X X X Extracts X X X X X X X X Extracts X X X X ..... urity transaction tax for claiming deduction under section 88E The evidence of payment of securities transaction tax which is required to be furnished along with the return of income by the assessee under first proviso to section 88E, ( i ) on value of transaction entered into by him in a recognised stock exchange, shall be in Form No. 10DB and shall be verified in the manner indicated therein; ( ii ) on value of transaction of sale, by him, of a unit of an equity oriented fund to the Mutual Fund, shall be in Form No. 10DC and shall be verified in the manner indicated therein. (B) In Appendix II, after Form No. 10DA, the following Forms shall be inserted, namely: Form No. 10DB ( See rule 20AB) Form f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Verification I,.................(full name in block letters), son/daughter of..............solemnly declare that to the best of my knowledge and belief the information given in this Form is correct and complete and that the total amount of securities transaction tax shown therein is truly stated and is in accordance with the provisions of Chapter VII of the Finance (No. 2) Act, 2004 and Securities Transaction Tax Rules, 2004. Date.............. Place............. (Name and Signature of the assessee) *Codes in respect of taxable securities transaction S. No. Nature of Transaction Code 1. Purchase of an equity share in a company or a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tails in this Form be filled separately for each such client code. ( ii ) Separate Form be furnished in respect of transactions entered into a different stock exchanges and also for the transactions entered in same stock exchange through different stock brokers. ( iii ) In column 4 of Table of item 10, fill the details of securities transaction tax collected by the stock broker from the assessee. ( iv ) Where the assessee entering into a transaction is a stock broker on which securities transaction tax has to be paid by him, item 1 and item 7 shall be same and such assessee shall, in column 4 of the Table of item 10, fill the details of securities transaction tax collected from him by the stock exchange. Form No. 10DC (See r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... wledge and belief the information given in this Form is correct and complete and that the total amount of securities transaction tax shown therein is truly stated and is in accordance with the provisions of Chapter VII of the Finance (No. 2) Act, 2004 and Securities Transaction Tax Rules, 2004. Date.............. Place............. (Name and Signature of the assessee) Instructions : ( i )This Form be furnished separately for the transactions with each Mutual Fund. ( ii ) Details of securities transaction tax paid on sale of units of various equity oriented fund under a Mutual Fund be given separately. [F.No. 142/23/2004-TPL] - Notification Tax Management India - taxmanage ..... X X X X Extracts X X X X X X X X Extracts X X X X
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