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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Tax Benefits for NTPC Bonds Specified Under Section 10(15)(iv)(h) of Income-tax Act, 1961; Registration Required for Eligibility.</h1> The Central Government has specified the '10% Secured Redeemable NTPC Bonds, 1986--First Series' issued by the National Thermal Power Corporation Limited, New Delhi, under section 10(15)(iv)(h) of the Income-tax Act, 1961. This notification, dated July 23, 1987, outlines that these bonds are recognized for tax benefits under the specified section. However, the tax benefit is applicable only if the bondholder registers their name and holdings with the National Thermal Power Corporation.
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