Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Section 5(23DA)] [Section 5] [Entire Act]

Union of India - Subsection

Section 5(23DA)(c) in Finance Act, 2013

(c)"venture capital undertaking" means-
(i)a venture capital undertaking as defined in clause (n) of regulation 2 of the Venture Capital Funds Regulations; or
(ii)a venture capital undertaking as defined in clause (aa) of sub-regulation (7) of regulation 2 of the Alternative Investment Funds Regulations;';
(V)after clause (34), the following clause shall be inserted with effect from the 1st day of April, 2014, namely:-