It Can be possible through the way of broker where TDS will be Applied as per your post. But maybe this will create ruckus as some brokers are bad in money making and they will hold these money & may use that money. It’s Just My Point Of View.
The Central Board of Direct Taxes (CBDT), the apex policy-making body for income tax has joined hands with SEBI, for the exchange of data and have signed a formal Memorandum of Understanding (MoU). This will facilitate sharing of data and information on an automatic basis between the two authorities.
The ITD is aiming to ease the tax compliance burden on taxpayers by using details of capital gains from listed securities, dividend income, and interest from banks, post offices, etc. with pre-filled. The CBDT will use databases like Annual Information Return (AIR), Central Information Branch (CIB) data, or TDS/TCS returns for gaining information.