https://www.taxtmi.com/acts?id=19124 The amendment revises the Explanation to section 115ACA to define Global Depository Receipts as instruments created by an Overseas Depository Bank and issued to investors against (i) ordinary shares of the issuing company that is listed on a recognised stock exchange in India, or (ii) foreign currency convertible bonds of the issuing company; the amendment is effective from 1st April, 2016 and applies to the relevant assessment years. en-us Sat, 28 Feb 2015 19:21:01 +0530 Mon, 02 Mar 2015 12:04:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19124 The amendment revises the Explanation to section 115ACA to define Global Depository Receipts as instruments created by an Overseas Depository Bank and issued to investors against (i) ordinary shares of the issuing company that is listed on a recognised stock exchange in India, or (ii) foreign currency convertible bonds of the issuing company; the amendment is effective from 1st April, 2016 and applies to the relevant assessment years. Act-Rules Bill Sat, 28 Feb 2015 19:21:01 +0530 https://www.taxtmi.com/acts?id=19124