Amendment of Act 23 of 2004

In force Act 4 of 2026 As on 07 Oct 2026

Act 4 of 2026 Ministry Finance

Section 159 of the Finance Act, 2026 deals with amendment of Act 23 of 2004. PART II AMENDMENTS TO THE FINANCE (NO. 2) ACT, 2004 Amendment of Act 23 of 2004.

PART II
AMENDMENTS TO THE FINANCE (NO.
2) ACT, 2004
Amendment of Act 23 of 2004.
159. In the Finance (No.
2) Act, 2004, in section 98, in the Table, against serial number 4,—
(i) against entry (a) relating to sale of an option in securities, in column (3), for the figures and word "0.1 per cent.", the figures and word "0.15 per cent." shall be substituted;
(ii) against entry (b) relating to sale of an option in securities, where option is exercised, in column (3), for the figures and word "0.125 per cent.", the figures and word "0.15 per cent." shall be substituted;
(iii) against entry (c) relating to sale of a futures in securities, in column (3), for the figures and word "0.02 per cent.", the figures and word "0.05 per cent." shall be substituted.
Section 159, The Finance Act, 2026 (Act 4 of 2026).

Cross-references

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

This section refers to

s. 98 Amendment of section 439

Questions about Section 159

What does Section 159 of the Finance Act deal with?

Section 159 of the Finance Act is headed "Amendment of Act 23 of 2004". PART II AMENDMENTS TO THE FINANCE (NO. 2) ACT, 2004 Amendment of Act 23 of 2004.

How do I find court cases under Section 159 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 2026 159, section 159 Finance Act 2026, section 159 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 159 of the Finance Act, and has it changed?

Its own text turns on section 98 (Amendment of section 439), so none of them can safely be read on its own.

When was the Finance Act enacted?

Finance Act was enacted in 2026 as Act 4 of 2026. 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

First Schedule. -11686 words
3. Income-tax under Act 30 of 20258033 words
Fourth Schedule. -4078 words
2. Income-tax under Act 43 of 19612736 words
26. Substitution of new sections for sections 276B, 276BB, 276C, 276CC, 276CCC and 276D1437 words
Fifth Schedule. -1363 words

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(i)		against entry (a) relating to sale of an option in securities, in column (3), for the figures and word "0.1 per cent.", the figures and word "0.15 per cent." shall be substituted;
(ii)		against entry (b) relating to sale of an option in securities, where option is exercised, in column (3), for the figures and word "0.125 per cent.", the figures and word "0.15 per cent." shall be substituted;
(iii)		against entry (c) relating to sale of a futures in securities, in column (3), for the figures and word "0.02 per cent.", the figures and word "0.05 per cent." shall be substituted.