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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Central Government Designates NTPC Bonds-IV as Tax-Free Under Section 10(15)(iv)(h) of Income-tax Act, 1961</h1> The Central Government has specified the '10 year--9% (tax free) Secured Redeemable Non-Convertible NTPC Bonds-IV Issue (Private Placement)' issued by the National Thermal Power Corporation Limited under section 10(15)(iv)(h) of the Income-tax Act, 1961. These bonds are tax-free and the benefits are available only if the bondholder registers their name and holdings with the corporation. The notification was signed by the Under Secretary to the Government of India and is identified as Notification No. S.O.1201(E), dated December 27, 1988.
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