Section 39 - Amendment of section 115QA. - Finance (No. 2) Act, 2024

Amendment of section 115QA. 39. In section 115QA of the Income-tax Act, in sub-section (1), after the proviso and before the Explanation, the following proviso shall be inserted with effect from the 1st day of October, 2024, namely: Provided further that the provisions of this sub-section shall not apply in respect of any buy-back of shares, that takes place on or after the 1st day of October, 2024. .