Need A Financial Product › Forums › Trading/Investments › Is it mandatory to have trading account to sell shares › Is-it-mandatory-to-have-trading-account-to-sell-shares_REPLY

September 7, 2014 at 10:55 am #47194
Sameer Kapoor
Participant

In such a case you will not be able to sell your shares in stock exchange. However, you can sell your holdings in off market to a person who is interested in purchasing them from you. But in that case, STT will not be paid by you and therefore you will be liable to pay capital gains tax on your gains.