Central Government specifies '12.5% HDFC Bonds, 1998' issued by the Housing Development Finance Corporation Limited, Bombay u/s 193(iib) - S.O.2278 - Income Tax Act, 1961
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Specified bonds exempt from tax deduction on transfer under proviso; transferee must notify issuer within prescribed period. Central Government specifies '12.5% HDFC Bonds, 1998' issued by Housing Development Finance Corporation Limited, Bombay, as falling within the proviso to section 193 of the Income-tax Act. The proviso's benefit for transfers by endorsement or delivery is admissible only if the transferee informs the issuer by registered post within sixty days of such 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 exempt from tax deduction on transfer under proviso; transferee must notify issuer within prescribed period.
Central Government specifies "12.5% HDFC Bonds, 1998" issued by Housing Development Finance Corporation Limited, Bombay, as falling within the proviso to section 193 of the Income-tax Act. The proviso's benefit for transfers by endorsement or delivery is admissible only if the transferee informs the issuer by registered post within sixty days of such transfer.
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