Central Government specifies the Bonds issued by the Industrial Credit and Investment Corporation of India Limited, Bombay u/s 193(iib) - S.O.973 - Income Tax Act, 1961
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Specified bonds notification requirement: transferee must notify issuer promptly to secure transfer benefit under the proviso. The Central Government designates specified bonds issued in 1988 as subject to the proviso's special transfer treatment; the proviso's benefit on transfer by endorsement or delivery is available only if the transferee notifies the issuer by registered post within the prescribed short period after 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 notification requirement: transferee must notify issuer promptly to secure transfer benefit under the proviso.
The Central Government designates specified bonds issued in 1988 as subject to the proviso's special transfer treatment; the proviso's benefit on transfer by endorsement or delivery is available only if the transferee notifies the issuer by registered post within the prescribed short period after transfer.
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