Draft of Notification to be issued under third proviso to the clause (38) of section 10 of the IT Act

Last updated: 11 April 2017

Draft of Notification to be issued under third proviso to the clause (38) of section 10 of the Income-tax Act, 1961 In exercise of the powers conferred by third proviso to the clause (38) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby, for the purposes of the said proviso, notifies all transactions of acquisition of equity share entered into on or after the 1st day of October, 2004 which are not chargeable to securities transaction tax under Chapter VII
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