Section - 4 - 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.