https://www.taxtmi.com/acts?id=48424 Amendments to section 2 amend: (a) clause (14) to include securities held by an investment fund specified in Explanation 1 to section 115UB within the definition of capital asset and to make the unit linked insurance policy provision in sub clause (c) applicable without the fourth and fifth provisos (effective 1 April 2026); (b) clause (22) to add sub clause (iia) excluding advances or loans between group entities involving a Finance Company or Finance Unit where the group's parent or principal is listed outside India, with new explanatory definitions (effective 1 April 2025); and (c) clause (47A) to expand virtual digital asset to include crypto assets using distributed ledger technology (effective 1 April 2026). en-us Sat, 01 Feb 2025 14:28:40 +0530 Sat, 01 Feb 2025 14:28:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48424 Amendments to section 2 amend: (a) clause (14) to include securities held by an investment fund specified in Explanation 1 to section 115UB within the definition of capital asset and to make the unit linked insurance policy provision in sub clause (c) applicable without the fourth and fifth provisos (effective 1 April 2026); (b) clause (22) to add sub clause (iia) excluding advances or loans between group entities involving a Finance Company or Finance Unit where the group's parent or principal is listed outside India, with new explanatory definitions (effective 1 April 2025); and (c) clause (47A) to expand virtual digital asset to include crypto assets using distributed ledger technology (effective 1 April 2026). Act-Rules Bills Sat, 01 Feb 2025 14:28:40 +0530 https://www.taxtmi.com/acts?id=48424