Tax exemption for specified MTNL tax free bonds contingent on registration of holders' names and holdings. Central Government specifies that 'MTNL 10 year 9 per cent. (tax free) Secured Redeemable Non Convertible Telephone Bonds 1989 (3rd Issue)', issued by Mahanagar Telephone Nigam Limited, are specified for the purposes of clause (15)(iv)(h) of section 10, and the exemption is admissible only if the holder registers his name and holding with the Nigam.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption for specified MTNL tax free bonds contingent on registration of holders' names and holdings.
Central Government specifies that "MTNL 10 year 9 per cent. (tax free) Secured Redeemable Non Convertible Telephone Bonds 1989 (3rd Issue)", issued by Mahanagar Telephone Nigam Limited, are specified for the purposes of clause (15)(iv)(h) of section 10, and the exemption is admissible only if the holder registers his name and holding with the Nigam.
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