Central Government specifies the '11 per cent. Industrial Finance Corporation Bonds, 2002 (48th Series)' issued by the Industrial Finance Corporation of India, New Delhi u/s 193(iib) - S.O.992 - Income Tax Act, 1961
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Transfer notification requirement for specified IFCI bonds: transferee must notify managers incharge by registered post within sixty days. Specification designates the '11 per cent. Industrial Finance Corporation Bonds, 2002 (48th Series)' as covered under the proviso to section 193, and makes the proviso's benefit contingent on the transferee informing the managers in charge (Industrial Finance Corporation of India or Reserve Bank of India) 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.
Transfer notification requirement for specified IFCI bonds: transferee must notify managers incharge by registered post within sixty days.
Specification designates the "11 per cent. Industrial Finance Corporation Bonds, 2002 (48th Series)" as covered under the proviso to section 193, and makes the proviso's benefit contingent on the transferee informing the managers in charge (Industrial Finance Corporation of India or Reserve Bank of India) by registered post within sixty days of any transfer by endorsement or delivery.
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