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[Cites 0, Cited by 0] [Section 212] [Entire Act]

Union of India - Subsection

Section 212(e) in The Income Tax Act, 2025

(e)"specified asset" means any of the following assets:—
(i)shares in an Indian company; or
(ii)debentures issued by an Indian company which is not a private company as defined in the Companies Act, 2013; or
(iii)deposits with an Indian company which is not a private company as defined in the Companies Act, 2013; or
(iv)any security of the Central Government as defined in section 2(f) of the Government Securities Act, 2006; or
(v)such other assets as the Central Government may specify in this behalf by notification.