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Investing in Zerodha Stock: Tax Implications and Claiming Benefits?

Samkit

Samkit Maniar  |180 Answers  |Ask -

Tax Expert - Answered on Jul 25, 2024

CA Samkit Maniar has eight years of experience in income tax, mergers and acquisitions and estate planning.
He has graduated from Mumbai’s N M College of Commerce and Economics and has completed his CA from The Institute of Chartered Accountants of India."... more
Yogalakshmi Question by Yogalakshmi on Jul 02, 2024Hindi
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Just now I'm being entered inside tax. I've invested in Zerodha stock. Will it come under other income source? Also how can I get a claim since it's an investment.

Ans: Can you please elaborate your question? Did you mean that you have opened a zerodha account and invested in a particular stock or you have received ESOP from Zerodha?
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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