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TypeBare Act JurisdictionCentral Government Enacted2000

Finance Act, 2000 Section 49

Amendment of Section 112

~1 min read

https://sooperkanoon.com/act/41299

Bare act section · Research

About this section

Finance Act, 2000 Section 49 is part of Finance Act, 2000 - Amendment of Section 112. Read the section text below and explore Indian court judgments that cite it.

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Section Text

In section 112 of the Income-tax Act, in sub-section (1),-

(a) in the proviso, for the words "being listed securities", the words "being listed securities or unit" shall be substituted;

(b) for the Explanation, the following Explanation shall be substituted, namely:-

'Explanation : For the purposes of this sub-section,-

(a) "listed securities" means the securities-

(i) as defined in clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956 (32 of 1956); and

(ii) listed in any recognised stock exchange in India;

(b) "unit" shall have the meaning assigned to it in clause (b) of Explanation to section 115AB.'.

Frequently asked questions

What does Finance Act, 2000 Section 49 provide?

Section Section 49 of the Finance Act, 2000 (Amendment of Section 112) is reproduced on this page as part of the Finance Act, 2000. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Finance Act, 2000 Section 49?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 2000 Section 49. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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