What is Securities Lending and Borrowing....?
What Securities Lending and Borrowing (SLB) and Taxability of Income Earn by Lender through Securities lending in which Head of Income? • #SLB is a Mechanism through Which Investors Lend their share to other Persons means Borrower. • In SLB Two-person LENDER & Borrower. • #Lender those Person who Invest in share for # long-term purpose. • #Borrower in SLB usually short sellers. • Borrower will be pay Interest or fees to Lender As per #Sebi #rule . • Securities Borrowing #maximum period is 12 #months . • In SLB Question arising #Income #tax purpose #Taxablity of #income earn by Lender means Interest or Fees is taxable in which head of Income? ● and the answer is taxable in the head of INCOME FROM OTHER SOURCES & not in CAPITAL GAIN HEAD because in this transaction no any #tranfer . #investment #realestate #share #finance