> Hi..ihave been trading in shares ..?

Hi..ihave been trading in shares ..?

Posted at: 2014-12-05 
hi..ihave been trading in shares ..from past 8yrs..every year stock security people have deducting tds to me ..my question is can i reclaim those amount...please guide me..

Thankyou

There is nothing as Stock Security People.

In Share trading no TDS can be undertaken by any individual or Broker.

All charges on Share transactions of Buy & Sell such as brokerage charges, Transaction charges mentioned in the Contract notes are eligible to be deducted as expenses when you file your Tax Returns.

All short term gains (transaction of buy & sell of a Scrip within one year ) 15% tax is applicable under the present IT norms.

Consult a CA who will guide you on a small professional fee.

You seem to be confused in your query. Be precise so that you can be assisted.

hi..ihave been trading in shares ..from past 8yrs..every year stock security people have deducting tds to me ..my question is can i reclaim those amount...please guide me..

Thankyou