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of <h1>Definition of 'Quoted Share or Security' Explained for Rule 17CB of the Income-tax Rules, 1962.</h1> 'Quoted Share or Security' refers to a share or security that is regularly quoted on any recognized stock exchange. The quotations for these shares or securities are based on current transactions conducted in the ordinary course of business. This definition is relevant for the purpose of rule 17CB of the Income-tax Rules, 1962.
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