Central Government specifies ' 7 Year 13% (Taxable) Secured Redeemable Non-Convertible Bonds (Series-I) ', issued by the Nuclear Power Corporation of India Limited u/s 80L(1)(ii) - S.O.309(E) - Income Tax Act, 1961
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Specified bonds under section 80L carry deduction eligibility, transferable only if the transferee gives timely registered-post notice. The Central Government specifies 7 Year 13% Secured Redeemable Non Convertible Bonds (Series I) issued by the Nuclear Power Corporation of India Limited as qualifying under Section 80L(1)(ii); where such bonds are transferred by endorsement or delivery, the transferee must inform the Corporation by registered post within sixty days of transfer for the benefit to be admissible.
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 bonds under section 80L carry deduction eligibility, transferable only if the transferee gives timely registered-post notice.
The Central Government specifies 7 Year 13% Secured Redeemable Non Convertible Bonds (Series I) issued by the Nuclear Power Corporation of India Limited as qualifying under Section 80L(1)(ii); where such bonds are transferred by endorsement or delivery, the transferee must inform the Corporation by registered post within sixty days of transfer for the benefit to be admissible.
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