Section 3(5)(b) in The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules, 2015

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Union of India - Subsection

Section 3(5)(b) in The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules, 2015

(b)"meaningful annual value of shares traded on the exchange" with respect to an exchange means it has an annual value of shares traded on the exchange (or a predecessor exchange) exceeding one billion United States Dollar during each of the three calendar years immediately preceding the calendar year in which the determination is being made;

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Union of India - Subsection

Section 3(5)(b) in The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules, 2015