IN FORCE 2018-07-31

India Inx-India International Exchange IFSC Ltd. notified as Recognized stock exchange

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G~fIlment of Indl .. Minist"! of fln .. nc~ Department of Revenue Central Board of Dir«l hxe$ NOTIFICATION ,'r' N~w Delhi, the 3\01 July, 2011 In herc,se 01 the powers conlerre<l under c l~use(jj) of E>planation 1 of clausto(d) 01 proviso to sub·se.:tion(S) of Section 43 of Ito.. Income·l .. Act. 1961(43 of 1961) read with sub·ruIe(4) 01 Rule 6000 of lhe Income·ta> Rules,I962. tto.. Crntral Government hereby notilln Indlil Inl~rmotlon .. 1 bchang~ (IFSq Limited, G .. ndhlnas .. r, Guja ... t (PAN; AAGCB88198) ua 'reoocnlsed stock nehans,,' lor the purpose of said clauloe witll effect from Ihe date of publialtion of Ihls notification in lhe Official GII~l1e, subject to fulfilment of followinl (ond <llOns in rtspe(\ of tradina in derlntives, Nlnely; (i) Ito.. slock exchange sm.1! have the approval of the Securities and E"II,I08e Board of India established under the Securities and e>ehange Board of India Act, 1992(15 of 1992) In re~pecl of IridinS in deriv .. tiv~s .. OO il shall function In .. ccordanc~ wilh th~ guiOelln~s o. cOOOilions 1'lId down by the Sfocunties Ind £Xcha~ 80ard of Ind"; (il) It shall enSure that tile partiwlar$ 01 the client (including un41ue cl~nt Identily number and PAN) a.e duly recorded and stored In its datawses; (iii) It shall maIn laIn a compl~te audit Irall of all tl'ilnsKtlOns (in respect of dertvalMi! markel) for a pedod of seV1!n ynrs on In syslem; (Iv) It shall eMure thattranSlClions (in respect of derivative market) 0fIC1! registere<lln the sr.;tem Ife not erased; M i\ shall ensure thaI lhe transactions (in respect of derivatiV1! market) once res i Sle.~d in th~ system •• e modifW:-d only in uses of genuine error .. nd m~inla in dlla ' esardlns 1111 tr.nwctlons (in respe<;t of ~ati¥e markel) regist~red In lhe sr.;t~m which ~ been modlrled ~ nd submit a monthly statement in Form No, 38B to the Director- General of Income-ta> (Intelligence and Crrminal lnvesllsalion), N~w Delhi within fifteen days from the I .. st day of ~ach month to which such statemefll r~laln. 3. This notlfio;alion shall remain;n force until the Iwovalgr .. nted by the Sfocurilies and ut~nge SOard of Indi' is withdrawn or expires. Further, if any 01 the conditIOns stipulated In p",a above are violated, it may lead 10 r~sc indlns of this notification by th~ C~ntra l GoVernm~n l . Notification No.1S/2018 IF. No. 215/ 111/ 2018-1T A·It) (~~~ Under Secr~~;~~~~I;}lib't ~ \

• The Mana&e/, Government of India Press, Mitvapuri, N~w Deihl COpy forwarded to:·

  1. PPS to FM/DirjFMO)/OSO to MOS(RI!PPS to RS/PPS to Chairman. caOT and all Members, C80T.
  2. The applicant. India Internation'l E.(hangl' (lfSCf timited. Gandninagar, Guia/at.
  3. All PI CCslT{OGslTfor kind information.
  4. ITCe, (BOT (4 cop;es)
  5. % Pro OGIT (5~lems). New Delhi, for placing on the website: Inoomelaxlndia.gov.in.
  6. Addl. CIT, Data Ba~ Cell for uploading an Oilpartmental Website.
  7. GUild File

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