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Amendment of section 10

Section 7 - Act - DIRECT TAXES - Income-tax - Finance Act - Section 7 - 7. In section 10 of the Income-tax Act,- (I) after clause (11), the following clause shall be inserted, namely:- (11A) any payment from an account, opened in accordance with the .....

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entral Government; or (iiiaaa) the Clean Ganga Fund, set up by the Central Government; or ; (III) with effect from the 1st day of April, 2016- (a) after clause (23ED), the following clause shall be inserted, namely:- (23EE) any specified income of su .....

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to the credit of the Fund and not charged to income-tax during any previous year is shared, either wholly or in part with the specified person, the whole of the amount so shared shall be deemed to be the income of the previous year in which such amo .....

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of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012 made under the Securities and Exchange Board of India Act, 1992(15 of 1992); and the Securities Contracts (Regulation) Act, 1956 (42 of 1956) . (i .....

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(42 of 1956) . (iii) specified income shall mean,- (a) the income by way of contribution received from specified persons; (b) the income by way of penalties imposed by the recognised clearing corporation and credited to the Core Settlement Guarantee .....

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areholder in such recognised clearing corporation or a contributor to the Core Settlement Guarantee Fund; and (c) any clearing member contributing to the Core Settlement Guarantee Fund; . (b) in clause (23FB), before the Explanation, the following pr .....

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on 115UB, of the previous year relevant to the assessment year beginning on or after the 1st day of April, 2016; ; (c) after clause (23FB), the following clauses shall be inserted, namely:- (23FBA) any income of an investment fund other than the inco .....

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same nature as income chargeable under the head .- Profits and gains of business or profession . Explanation.-For the purposes of clauses (23FBA) and (23FBB), the expression investment fund shall have the meaning assigned to it in clause (a) of the .....

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