Central Government specifies '7-year 13% (taxable) HUDCO's Public Sector Shelter Bonds (Series-III)', issued by the Housing and Urban Development Corporation u/s 80L - S.O.695(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
Specification under section 80L: HUDCO shelter bonds require transferee notification to secure tax benefit. Central Government specifies HUDCO's Public Sector Shelter Bonds (Series-III) as eligible under clause (ii) of sub-section (1) of section 80L of the Income-tax Act. The tax benefit attaches to those taxable shelter bonds, but where the bonds are transferred by endorsement or delivery the benefit is admissible only if the transferee informs 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.
Specification under section 80L: HUDCO shelter bonds require transferee notification to secure tax benefit.
Central Government specifies HUDCO's Public Sector Shelter Bonds (Series-III) as eligible under clause (ii) of sub-section (1) of section 80L of the Income-tax Act. The tax benefit attaches to those taxable shelter bonds, but where the bonds are transferred by endorsement or delivery the benefit is admissible only if the transferee informs the issuing Corporation by registered post within sixty days of such transfer.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
