Applicability of section 115QA expanded to include listed shares, broadening the tax provision's scope over share transactions. Amendment modifies section 115QA by omitting the parenthetical exclusion of shares listed on a recognised stock exchange from sub section (1), thereby expanding the provision's applicability to include listed shares as well as unlisted shares under the Income tax Act.
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Provisions expressly mentioned in the judgment/order text.
Applicability of section 115QA expanded to include listed shares, broadening the tax provision's scope over share transactions.
Amendment modifies section 115QA by omitting the parenthetical exclusion of shares listed on a recognised stock exchange from sub section (1), thereby expanding the provision's applicability to include listed shares as well as unlisted shares under the Income tax Act.
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