Recognised Stock Exchange
Legal definition for Indian law research
Definition
Recognised stock exchange, means a recognised stock exchange as referred to in clause (f) of section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and which fulfils such conditions as may be prescribed and notified by the Central Government for this purpose. [Income Tax Act, 1961 (43 of 1961), s. 43(5)(ii)]
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