Amendment of section 69.

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....r specified securities is a promoter, the aggregate income-tax payable on such capital gains shall be-- (a) the income-tax payable on such capital gains in accordance with the provisions of this Act; and (b) an additional income tax in respect of capital gains specified in column B of the Table below, computed at the rate specified in column C or column D of the said Table. TA....

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.... 1992.); (b) in any other case, "promoter" means,-- (i) a "promoter" as defined in section 2(69) of the Companies Act, 2013 (18 of 2013.); or (ii) a person who holds, directly or indirectly, more than 10% of the shareholding in the company; (c) "specified securities" shall have the same meaning as assigned to it in Explanation 1 to section 68 of the Companies Ac....