Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Amendment to Section 54EC: Bonds Notified by Central Government Now Eligible for Tax Exemption from April 1, 2018.</h1> Section 54EC of the Income-tax Act was amended by the Finance Act, 2017. In sub-section (3), within the Explanation, clause (ba) was revised. The amendment replaces the reference to 'the Companies Act, 1956' with 'the Companies Act, 1956; (1 of 1956) or any other bond notified by the Central Government in this behalf.' This change is effective from April 1, 2018, allowing for the inclusion of bonds notified by the Central Government for tax exemption purposes.
TaxTMI 
TaxTMI 
