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Amendment of Act 23 of 2004- Chapter VII not to apply in certain cases

Clause 230 - Bills - PART X - AMENDMENT TO THE FINANCE (NO. 2) ACT, 2004 - FINANCE BILL, 2016 - Clause 230 - PART X AMENDMENT TO THE FINANCE (NO. 2) ACT, 2004 Amendment of Act 23 of 2004 230. In the Finance (No.2) Act, 2004 with effect from the 1st d .....

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d, namely:- Chapter VII not to apply in certain cases 113A. Notwithstanding anything contained in this Chapter, the provisions of this Chapter shall not apply to taxable securities transactions entered into by,- (a) any person for, or on behalf of, t .....

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nsaction is paid or payable in foreign currency. Explanation.-For the purposes of this section, International Financial Services Centre shall have the same meaning as assigned to it in clause (q) of section 2 of the Special Economic Zones Act, 2005 ( .....

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