Section 13 - Amendment of section 4 - Finance Act, 2019

Amendment of section 4. 13. In section 4 of the principal Act, after sub-section (2), the following sub-section shall be inserted, namely:- (3) Notwithstanding anything contained in sub-sections (1) and (2), in the case of any issue, sale or transfer of securities, the instrument on which stamp-duty is chargeable under section 9A shall be the principal instrument for the purpose of this section and no stamp-duty shall be charged on any other instruments relating to any such transaction. .