Chapter XII-DASPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC )
Part CProcedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM )
Chapter XX-BREQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT )
Securities definitions under SCRA shape regulatory classification and must align with income tax cross references for consistent tax treatment. Section 2 of the Securities Contracts (Regulation) Act, 1956 provides statutory definitions of 'securities', 'contracts', and recognized exchanges that ... Summary
Securities definitions under SCRA shape regulatory classification and must align with income tax cross references for consistent tax treatment.
Section 2 of the Securities Contracts (Regulation) Act, 1956 provides statutory definitions of 'securities', 'contracts', and recognized exchanges that determine regulatory classification; these definitions must be harmonised with references in the Income-tax Act, 1961 so taxation provisions apply consistently to transactions governed by the SCRA.
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