How is the STT computed in case an in-the-money option contract expires?

It is very important for an Option trader to understand the STT (Security Transaction Tax) applicable in case he does not squares-off the position or if the position is exercised by the exchange for an ITM(In-the-money) option. Let us take the following two scenarios for better understanding of the STT charges. Scenario 1: Buy 1 […]

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