eCourtsIndia
IndiaCode Laws
Section126
The Finance Act, 2021

Insertion of new section 8G

In force As on 07 Oct 2026

Ministry Finance

Section 126 of the Finance Act, 2021 deals with insertion of new section 8G. CHAPTER VI MISCELLANEOUS PART I AMENDMENT TO THE INDIAN STAMP ACT, 1899 Insertion of new section 8G.

CHAPTER VI

MISCELLANEOUS

PART I

AMENDMENT TO THE INDIAN STAMP ACT, 1899

Insertion of new section 8G.

126. In the Indian Stamp Act, 1899 (2 of 1899), after section 8F, the following section shall be inserted, namely:––

'8G. Strategic sale, disinvestment, etc., of immovable property by Government company not liable to stamp duty.—Notwithstanding anything contained in this Act or any other law for the time being in force, any instrument for conveyance or transfer of a business or asset or right in any immovable property from a Government company, its subsidiary, unit or joint venture,—

(i)by way of strategic sale or disinvestment or demerger or any other scheme of arrangements or through any law, to another Government company or to the Central Government or any State Government or to the development financial institution established by any law made by Parliament; or
(ii)which is to be wound up, closed, struck-off, liquidated or otherwise shut down, to another Government company or to the Central Government or any State Government,

after approval of the Central Government or the State Government, as the case may be, shall not be liable to duty under this Act.

Explanation.––For the purposes of this section, "Government company" shall have the same meaning as assigned to it in clause (45) of section 2 of the Companies Act, 2013 (18 of 2013).'.

Section 126, The Finance Act, 2021.

Cross-references

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

This section refers to

  1. Companies Act s. 2 Definitions

Questions about Section 126

What does Section 126 of the Finance Act deal with?

Section 126 of the Finance Act is headed "Insertion of new section 8G". CHAPTER VI MISCELLANEOUS PART I AMENDMENT TO THE INDIAN STAMP ACT, 1899 Insertion of new section 8G.

How do I find court cases under Section 126 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 2021 126, section 126 Finance Act 2021, section 126 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 126 of the Finance Act, and has it changed?

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

When was the Finance Act enacted?

Finance Act was enacted in 2021. 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.