Finance Acts
Section - 4 - Amendment of section 9
Amendment of section 9.4 .
In section 9 of the Income-tax Act, in sub-section (1), with effect from the 1st April, 2026,-
| (a) | - | in clause (i), in the Explanation 2A, after the first proviso, the following proviso shall be inserted, namely:- |
| - | "Provided further that the transactions or activities which are confined to the purchase of goods in India for the purpose of export shall not constitute significant economic presence in India:"; | |
| (b) | - | in the second proviso, for the words "Provided further", the words "Provided also" shall be substituted. |
CAclubindia
