Is TDS applicable if I transact less than 10,000 INR in a financial year?

Created by Pratibha Shetty, Modified on Mon, 26 Feb, 2024 at 2:59 PM by Pratibha Shetty

As per the income tax regulations, if you have conducted transactions (both buy and sell) totaling less than ₹10,000, TDS may not be applicable. However, please note that these limits apply at the user level across all exchanges where trades are conducted. Since Mudrex may not be aware of trades conducted on other platforms, we will be required to deduct TDS on all transactions after June 30, 2022.

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