Central Government specifies the '11.5 per cent. Bonds, 2008 (Fifty-first Series)', issued by the Industrial Finance Corporation of India, New Delhi u/s 193(iib) - S.O.975 - Income Tax Act, 1961
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Withholding exemption for specified bonds requires transferee notice to issuer by registered post within prescribed period. Central Government specifies the 11.5 per cent. Bonds, 2008 (Fifty-first Series) as within the proviso to section 193 of the Income-tax Act; the benefit on transfer by endorsement or delivery is admissible only if the transferee notifies the issuer or the managers 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.
Withholding exemption for specified bonds requires transferee notice to issuer by registered post within prescribed period.
Central Government specifies the 11.5 per cent. Bonds, 2008 (Fifty-first Series) as within the proviso to section 193 of the Income-tax Act; the benefit on transfer by endorsement or delivery is admissible only if the transferee notifies the issuer or the managers by registered post within sixty days of such transfer.
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