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Union of India - Section

Section 13 in Finance Act, 2019

13. Amendment of section 4.

- 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.".