Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
The Ten Year Zero Coupon Bond of the National Bank for Financing Infrastructure and Development is specified as a zero coupon bond for Income-tax Act purposes. The specification applies to bonds issued on or before 31 March 2028, with a ten-year life, subject to the bank satisfying the applicable conditions under the Income-tax Act, 2025 and Income-tax Rules, 2026. This gives the identified bond zero coupon bond status within the prescribed statutory and regulatory framework.
The Ten Year Zero Coupon Bond of the National Bank for Financing Infrastructure and Development is specified as a zero coupon bond for Income-tax Act purposes. The specification applies to bonds issued on or before 31 March 2028, with a ten-year life, subject to the bank satisfying the applicable conditions under the Income-tax Act, 2025 and Income-tax Rules, 2026. This gives the identified bond zero coupon bond status within the prescribed statutory and regulatory framework.
Note: It is a system-generated summary and is for quick reference only.
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