Central Government specifies '10 year--9% (tax free) Secured Redeemable Non-Convertible NTPC Bonds-IV Issue) (Private Placement)', issued by the National Thermal Power Corporation Limited u/s 10(15)(iv)(h) - S.O.1201(E) - Income Tax Act, 1961
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Tax exemption for specified NTPC bonds is contingent on holders registering their name and holding with the issuer. Central Government designates the specified NTPC secured redeemable non-convertible bonds issued by National Thermal Power Corporation Limited as eligible for tax exemption under the Income-tax Act, conditioned expressly on the bondholder registering his name and holding with the issuing Corporation.
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.
Tax exemption for specified NTPC bonds is contingent on holders registering their name and holding with the issuer.
Central Government designates the specified NTPC secured redeemable non-convertible bonds issued by National Thermal Power Corporation Limited as eligible for tax exemption under the Income-tax Act, conditioned expressly on the bondholder registering his name and holding with the issuing Corporation.
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