Central Government specifies '7 year--13 per cent. (taxable) Secured Redeemable Non-Convertible Bonds (C-series)', issued by the National Hydroelectric Power Corporation Limted u/s 80L - S.O.527(E) - Income Tax Act, 1961
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Specified bonds under tax benefit rule: transfer benefit requires transferee notice by registered post within sixty days. Central Government specifies 7-year secured redeemable non-convertible bonds (C series), issued by the National Hydroelectric Power Corporation Limited, as eligible under Section 80L; the tax benefit on transfer of such bonds is admissible only if the transferee informs the Corporation 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 bonds under tax benefit rule: transfer benefit requires transferee notice by registered post within sixty days.
Central Government specifies 7-year secured redeemable non-convertible bonds (C series), issued by the National Hydroelectric Power Corporation Limited, as eligible under Section 80L; the tax benefit on transfer of such bonds is admissible only if the transferee informs the Corporation by registered post within sixty days of the transfer.
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