https://www.taxtmi.com/acts?id=32019 An amendment to section 47 inserts clause (viiab) effective 1 April 2019, specifying that transfers by non-residents of bonds or GDRs under section 115AC(1), rupee denominated bonds of Indian companies, or derivatives, made on a recognised stock exchange located in an International Financial Services Centre and where consideration is paid or payable in foreign currency, are addressed by that clause; key terms are defined by reference to the Special Economic Zones Act, the Explanation to section 43, and the Securities Contracts (Regulation) Act. en-us Mon, 19 Mar 2018 14:40:48 +0530 Mon, 19 Mar 2018 14:40:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32019 An amendment to section 47 inserts clause (viiab) effective 1 April 2019, specifying that transfers by non-residents of bonds or GDRs under section 115AC(1), rupee denominated bonds of Indian companies, or derivatives, made on a recognised stock exchange located in an International Financial Services Centre and where consideration is paid or payable in foreign currency, are addressed by that clause; key terms are defined by reference to the Special Economic Zones Act, the Explanation to section 43, and the Securities Contracts (Regulation) Act. Act-Rules F. Acts / Amendment Acts Mon, 19 Mar 2018 14:40:48 +0530 https://www.taxtmi.com/acts?id=32019