CBDT
The Ministry of Finance, Department of Revenue notifies the list of transactions not chargeable to securities transaction tax (STT). Following transactions of acquisition of equity shares entered into on or after the 1st day of October, 2004 are not chargeable to securities transaction tax under Chapter VII of the Finance (No. 2) Act, 2004, such as, acquisition of existing listed equity share in a company through a preferential issue whose equity shares are not frequently traded in a recognised stock exchange of India, transaction for acquisition of existing listed equity share in a company which is not entered through a recognised stock exchange of India and acquisition of equity share of a company during the period beginning from the date on which the company is delisted from a recognised stock exchange and ending on the date immediately preceding the date on which the company is again listed on a recognised stock exchange in accordance with the Securities Contracts (Regulation) Act, 1956 read with Securities and Exchange Board of India Act,1992 and the rules made thereunder. However, there are certain transactions to which this Circular shall not apply. This notification shall come into force with effect from the 1st day of April, 2018 and shall accordingly apply to assessment year 2018-19 and subsequent assessment years.
CBDT
In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the Cost Inflation Index for the Financial Years taking the base year as 2001-02. This notification shall come into force with effect from 1st day of April, 2018 and shall accordingly apply to the assessment year 2018-19 and subsequent years .