Capital asset definition now excludes certain authorised-dealer certificates evidencing foreign exchange remittance under amended tax law. Section 2 is amended: clause (18) replaces wording to read 'if it is a company which is not a private company' and expands Explanation 2 to include activities that 'consists mainly in the construction of ships or'; clause (22)(ia) inserts an additional temporal qualification into the sub-clause's date wording; clause (42A) excludes from 'capital asset' certificates issued by an authorised dealer as evidence of foreign exchange remittance to India during the specified period, subject to notification, notwithstanding short holding periods.