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Section14
The Finance Act, 2019 (No. 1)

Substitution of new section for section 8A

In force As on 11 Oct 2026

Ministry Finance

Section 14 of the Finance Act, 2019 (No. 1) deals with substitution of new section for section 8A. Substitution of new section for section 8A 14.

Substitution of new section for section 8A

14. For section 8A of the principal Act, the following section shall be substituted, namely:—

'8A. Securities dealt in depository not liable to stamp duty.—Notwithstanding anything contained in this Act or any other law for the time being in force,—

(a)an issuer, by the issue of securities to one or more depositories, shall, in respect of such issue, be chargeable with duty on the total amount of securities issued by it and such securities need not be stamped;
(b)the transfer of registered ownership of securities from a person to a depository or from a depository to a beneficial owner shall not be liable to duty.

Explanation.—For the purposes of this section, the expression "beneficial ownership" shall have the same meaning as assigned to it in clause (a) of sub-section (1) of section 2 of the Depositories Act, 1996 (22 of 1996).'.

Section 14, The Finance Act, 2019 (No. 1).

Cross-references

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

This section refers to

  1. Depositories Act s. 2 Definitions

Questions about Section 14

What does Section 14 of the Finance Act, 2019 (No. 1) deal with?

Section 14 of the Finance Act, 2019 (No. 1) is headed "Substitution of new section for section 8A". Substitution of new section for section 8A 14.

How do I find court cases under Section 14 of the Finance Act, 2019 (No. 1)?

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, 2019 (No. 1) 14, section 14 Finance Act, 2019 (No. 1), section 14 of the Finance Act, 2019 (No. 1). 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 14 of the Finance Act, 2019 (No. 1), and has it changed?

Its own text turns on Depositories Act 2 (Definitions), so none of them can safely be read on its own.

When was the Finance Act, 2019 (No. 1) enacted?

Finance Act, 2019 (No. 1) was enacted in 2019. 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.