Is the clause of Retention of Rs.10000/- still applicable?

Is the clause of Retention of Rs.10000/- still applicable?

The following clause, which was part of the RUNNING ACCOUNT AUTHORIZATION, is now redundant and not applicable.

‘I/we understand and authorize that you will not release the payout in case the balance after necessary retention is up to 10000/- or any other sum as specified by exchanges from time to time in any of the quarters till my revocation in writing, as I/we will be doing regular trading with you.’



    • Related Articles

    • Can client still link Aadhaar and PAN and make his PAN operative again?

      With an inoperative PAN, the individual cannot file the tax return and cannot receive a tax refund. Nevertheless, an Aadhaar can still be linked with a PAN upon payment of a penalty of Rs 1,000.

    • Where can I download my Retention Statement ?

      For Retention statement please follow below path. 1.Login to TT Web 2.Go to My account. 3.Click on client retention report. 4.Download the same in PDF format.

    • How client can access Retention Statement ?

      For Retention statement client need to follow below path. 1.Login to TT Web 2.Go to My account. 3.Click on client retention report. 4.Download the same in PDF format.

    • Is audit applicable for me?

      To check Tax audit is applicable you need to check your turnover, profit percentage of your turnover, and if you have losses. You can also use our: determine tax audit applicability tool. For more information about Tax Audit Applicability Click Here

    • Is BNPL applicable to all stocks?

      This order type is valid only for NSE Cash segment buy side orders and is not available for F&O segment, BSE Cash segment buy side orders and NSE, BSE Cash segment sell side orders. On the IIFL markets app you can check the stocks on which BNPL is ...