https://www.taxtmi.com/acts?id=51597 Section 66 supplies definitions for Part D of the chapter on profits and gains of business or profession. It expands key expressions such as agreement, banking company, long-term finance, paid, plant, scientific research, service, speculative transaction, and specified derivative transaction, and links several terms to meanings given in other enactments or chapters. It also sets out exclusions and conditions for speculative and derivative transactions, including screen-based trading and contract-note requirements. en-us Wed, 13 Aug 2025 19:00:30 +0530 Tue, 28 Apr 2026 13:00:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51597 Section 66 supplies definitions for Part D of the chapter on profits and gains of business or profession. It expands key expressions such as agreement, banking company, long-term finance, paid, plant, scientific research, service, speculative transaction, and specified derivative transaction, and links several terms to meanings given in other enactments or chapters. It also sets out exclusions and conditions for speculative and derivative transactions, including screen-based trading and contract-note requirements. Act-Rules Income Tax Wed, 13 Aug 2025 19:00:30 +0530 https://www.taxtmi.com/acts?id=51597