Central Government specifies ' 13 per cent. Secured Redeemable Non-convertible Bonds (B-Series) ', issued by the Neyveli Lignite Corporation Limited, Neyveli, Tamil Nadu u/s 193(iib) - S.O.133 - Income Tax Act, 1961
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Designation of specified corporate bonds requires transferee to notify issuer within sixty days to obtain proviso benefit. Central Government specifies 13 per cent. Secured Redeemable Non-convertible Bonds (B-Series) issued by Neyveli Lignite Corporation Limited as covered by the proviso to section 193 of the Income-tax Act. The notification conditions the proviso benefit on the transferee informing the issuer by registered post within sixty days of any transfer by endorsement or delivery.
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.
Designation of specified corporate bonds requires transferee to notify issuer within sixty days to obtain proviso benefit.
Central Government specifies 13 per cent. Secured Redeemable Non-convertible Bonds (B-Series) issued by Neyveli Lignite Corporation Limited as covered by the proviso to section 193 of the Income-tax Act. The notification conditions the proviso benefit on the transferee informing the issuer by registered post within sixty days of any transfer by endorsement or delivery.
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