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>Section 193 Amendment: Tax Exemption for Interest on Debentures from Notified Public Sector Entities and Co-operatives.</h1> Section 193 of the Income-tax Act is amended by substituting clause (iib) in the proviso, effective June 1, 1986. The new clause exempts from tax any interest payable on debentures issued by specified institutions, authorities, public sector companies, or co-operative societies, as notified by the Central Government in the Official Gazette. A 'public sector company' is defined as a corporation established by any Central, State, or Provincial Act or a government company as per section 617 of the Companies Act, 1956.
TaxTMI 
TaxTMI 
