Central Government specifies '10-year 9% (tax-free) Secured Redeemable Non-Convertible NTPC Bonds (V Issue Private Placement', issued by the National Thermal Power Corporation Limited u/s 10(15)(iv)(h) - S.O.563(E) - Income Tax Act, 1961
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Tax-free NTPC bonds specified for tax-preferential treatment; benefit available only after holder registers holding with issuer. Central Government specifies 10-year 9% tax-free secured redeemable non-convertible bonds issued by National Thermal Power Corporation Limited (V Issue private placement) as within the scope of the Income-tax Act item that treats certain bond interest as tax-free. The benefit is admissible only if the holder registers 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-free NTPC bonds specified for tax-preferential treatment; benefit available only after holder registers holding with issuer.
Central Government specifies 10-year 9% tax-free secured redeemable non-convertible bonds issued by National Thermal Power Corporation Limited (V Issue private placement) as within the scope of the Income-tax Act item that treats certain bond interest as tax-free. The benefit is admissible only if the holder registers his name and holding with the issuing Corporation.
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