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Section135
The Finance Act, 2013

Amendment of Act 23 of 2004

In force As on 12 Oct 2026

Ministry Finance Cited by 2 provisions

Section 135 of the Finance Act, 2013 deals with amendment of Act 23 of 2004. CHAPTER VIII MISCELLANEOUS Amendment of Act 23 of 2004.

CHAPTER VIII

MISCELLANEOUS

Amendment of Act 23 of 2004.

135. In the Finance (No.

2) Act, 2004, in section 98, in the Table, with effect from the 1st day of June, 2013,—

(i)against Sl. No. 1, under column (2) relating to taxable securities transaction,—
(A)the words "or a unit of an equity oriented fund," shall be omitted;
(B)in item (b), the words "or unit", at both the places where they occur, shall be omitted;
(ii)against Sl. No. 2, under column (2) relating to taxable securities transaction,—
(A)the words "or a unit of an equity oriented fund," shall be omitted;
(B)in item (b), the words "or unit", at both the places where they occur, shall be omitted;
(iii)after serial number 2 and the entries relating thereto, the following serial number and entries shall be inserted, namely:—
Sl. No.Taxable securities transactionRatePayable by
(1)(2)(3)(4)
"2A Sale of a unit of an equity oriented fund, where— (a) the transaction of such sale is entered into in a recognised stock exchange; and (b) the contract for the sale of such unit is settled by the actual delivery or transfer of such unit.0.001 per centSeller";
(iv)against Sl. No. 4, in item (c), under column (3) relating to rate, for the figures "0.017", the figures "0.01" shall be substituted;
(v)against Sl. No. 5, under column (3) relating to rate, for the figures "0.25", the figures "0.001" shall be substituted.

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Section 135, The Finance Act, 2013.

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. s. 98 Amendment of section 35C

Referred to by 2

  1. s. 75 Amendment of section 104
  2. s. 78 Amendment of section 135

Questions about Section 135

What does Section 135 of the Finance Act deal with?

Section 135 of the Finance Act is headed "Amendment of Act 23 of 2004". CHAPTER VIII MISCELLANEOUS Amendment of Act 23 of 2004.

How do I find court cases under Section 135 of the Finance Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 2013 135, section 135 Finance Act 2013, section 135 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 135 of the Finance Act, and has it changed?

Its own text turns on section 98 (Amendment of section 35C), so none of them can safely be read on its own. 2 other provisions in this corpus refer back to it.

When was the Finance Act enacted?

Finance Act was enacted in 2013. India Code records no commencement date for it. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument. This page is not a substitute for legal advice.