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SECURITIES TRANSACTION TAX

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(Querist)
08 February 2010 Suppose I own shares of listed company and the listed company has made an open offer to buy those shares.
Will I be liable to securites Transaction tax on surrendering those shares?

Experts please reply.
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
08 February 2010 STT is levied on Transactions at a Stock Exchange. In case of Buy Back, STT will not be payable.
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DAMODAR

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DAMODAR (Querist)
08 February 2010 Thank you Mr.Ahuja
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