Specified Secured Redeemable Non-Convertible Bonds under income-tax provision require transferee to notify issuer after transfer. Central Government specifies 7 year--13% (taxable) Secured Redeemable Non-Convertible Bonds (C-series) issued by Neyveli Lignite Corporation Limited as qualifying instruments under section 80L(1)(ii), and conditions the admissibility of the benefit on transfer upon the transferee informing the issuing corporation 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 Secured Redeemable Non-Convertible Bonds under income-tax provision require transferee to notify issuer after transfer.
Central Government specifies 7 year--13% (taxable) Secured Redeemable Non-Convertible Bonds (C-series) issued by Neyveli Lignite Corporation Limited as qualifying instruments under section 80L(1)(ii), and conditions the admissibility of the benefit on transfer upon the transferee informing the issuing corporation by registered post within sixty days of such transfer.
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