Definitions

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....of Direct Taxes constituted under the Central Boards of Revenue Act, 1963 (54 of 1963); ^3[(3A) "business trust" shall have the meaning assigned to it in clause (13A) of section 2 of the Income-tax Act, 1961 (43 of 1961);] (4) "derivative" has the meaning assigned to it in clause (aa) of section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956); ^7[(5) ''equity oriented fund'' means a fund referred to in clause (a) of Explanation to section 112A of Income-tax Act, 1961] ^8[(43 of 1961)] ^2[(5A) "initial public offer" has the meaning assigned to it in clause (p) of sub-regulation (1) of regulation 2 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 made ....

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....9) "prescribed" means prescribed by rules made by the Board under this Chapter; (10) "recognised stock exchange" shall have the same meaning as in clause (f) of section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956); (11) "securities transaction tax" means tax leviable on the taxable securities transactions under the provisions of this Chapter; (12) "strike price" means the price at which the "option in securities" may be exercised on the expiry date of such option; (13) "taxable securities transaction" means a transaction of- (a) purchase or sale of an equity share in a company or a derivative or a unit of an equity oriented fund ^4[or a unit of a business trust], entered into in a recognised stock e....

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....Section 76 of the Finance Act, 2006 w.e.f. 01-06-2006 before it was read as, "fifty per cent." 2. Inserted vide Section 153 of the Finance Act, 2012, w.e.f. 01-07-2012 2A. Inserted vide Section 153 of the Finance Act, 2012, w.e.f. 01-07-2012 3. Inserted vide Section 117 of the Finance (No. 2) Act, 2014, w.e.f. 01-10-2024 4. Inserted vide Section 117 of the Finance (No. 2) Act, 2014, w.e.f. 01-10-2024 5. Inserted vide Section 154 of the Finance Act, 2015 w.e.f. 01-06-2015 6. Inserted vide Section 154 of the Finance Act, 2015 w.e.f. 01-06-201 7. Substituted vide Section 217 of the Finance Act, 2018, w.e.f. 01-06-2018, before it was read as, "(5) "equi....