Central Government specifies the debentures or bonds, as the case may be, issued by the Industrial Credit and Investment Corporation of India Limited, Bombay u/s 193(iib) - S.O.2990 - Income Tax Act, 1961
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Specified debentures under section 193 proviso retain tax benefit if transferee notifies issuer by registered post within prescribed period. Central Government specifies certain debentures and bonds as eligible under the proviso to section 193, listing the eligible series, and makes the availability of the proviso's benefit on transfer by endorsement or delivery conditional on the transferee informing the issuer by registered post within the prescribed period.
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 debentures under section 193 proviso retain tax benefit if transferee notifies issuer by registered post within prescribed period.
Central Government specifies certain debentures and bonds as eligible under the proviso to section 193, listing the eligible series, and makes the availability of the proviso's benefit on transfer by endorsement or delivery conditional on the transferee informing the issuer by registered post within the prescribed period.
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