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Taxation Central Ministry of Finance Income Tax Act, 1961

Insertion of "Bullion Depository Receipt with underlying bullion" along with its explanation vide number S.O. 986(E), dated 5th March, 2020

03-Aug-2022 | Notification No. 89/2022

Central Government has made further amendments in the notification of the Government of India, Ministry of Finance, (Department of Revenue), number 16/2020, dated the 5th March 2020. In the said notification:- (i) in the first para, after clause (v), the following clause shall be inserted, namely: - (vi) Bullion Depository Receipt with underlying bullion,” (ii) in the Explanation, after clause (b), the following clause shall be inserted, namely: - (c) Bullion Depository Receipt with underlying bullion” shall have the same meaning as assigned to it in clause (iii) of Explanation by the Department of Economic Affairs, Ministry of Finance vide its notification number S.O. 2957 (E), published in Gazette of India, Extraordinary, vide number, F.No.3/7/2020-EM dated the 31st August 2020.”

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