Central Government specifies the '7-year--14 per cent. Secured Redeemable Non-Convertible Telephone Bonds--T-86 Series--First Issue' issued by the Mahanagar Telephone Nigam Limited, New Delhi u/s 193(iib) - S.O.1940 - Income Tax Act, 1961
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Specified bond exemption for MTNL telephone bonds applies only if transferee notifies the issuer within sixty days. Central Government specifies the 7 year 14% secured redeemable non convertible telephone bonds (T 86 Series First Issue) issued by Mahanagar Telephone Nigam Limited as eligible under the proviso to section 193 of the Income tax Act, 1961; the proviso's benefit on transfers by endorsement or delivery is conditional on the transferee informing the issuer by registered post within sixty days of the transfer.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Specified bond exemption for MTNL telephone bonds applies only if transferee notifies the issuer within sixty days.
Central Government specifies the 7 year 14% secured redeemable non convertible telephone bonds (T 86 Series First Issue) issued by Mahanagar Telephone Nigam Limited as eligible under the proviso to section 193 of the Income tax Act, 1961; the proviso's benefit on transfers by endorsement or delivery is conditional on the transferee informing the issuer by registered post within sixty days of the transfer.
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