Central Government specifies the '14% Secured Redeemable Non-convertible Bonds----1986, 'A' Series' issued by the Indian Telephone Industries Limited, Bangalore u/s 193(iib) - S.O.2614 - Income Tax

Specification of secured redeemable non-convertible bonds under the withholding proviso, altering their treatment for tax withholding.

Central Government, under the proviso to the income-tax withholding provision, specifies the '14% Secured Redeemable Non-convertible Bonds----1986, 'A' Series' issued by Indian Telephone Industries Limited, Bangalore, as falling within that proviso for withholding tax purposes and subject to the proviso's tax-withholding framework.