Central Government specifies '7-year 13% (taxable) Secured Redeemable Non-Convertible Bonds (Private Placement)', issued by the Nuclear Power Corporation u/s 193(iib) - S.O.667(E) - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Specified secured redeemable non-convertible bonds: transferee must notify issuer within sixty days to secure withholding proviso benefit. Central Government designates specified secured redeemable non-convertible bonds issued by the Nuclear Power Corporation as taxable instruments covered by the proviso to the tax withholding provision; the benefit on transfer by endorsement or delivery is conditional on the transferee informing the issuer by registered post within sixty days of 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: transferee must notify issuer within sixty days to secure withholding proviso benefit.
Central Government designates specified secured redeemable non-convertible bonds issued by the Nuclear Power Corporation as taxable instruments covered by the proviso to the tax withholding provision; the benefit on transfer by endorsement or delivery is conditional on the transferee informing the issuer by registered post within sixty days of transfer.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.