Central Government specifies the 11.5 per cent. Exim Bank Bonds--2010 (Eighth Series), issued by the Export-Import Bank of India, Bombay u/s 193(iib) - 943 - Income Tax Act, 1961
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Specified bond recognition under clause (iib) requires transferee to notify issuer by registered post within sixty days. The Central Government specifies the 11.5 per cent Exim Bank Bonds-2010 (Eighth Series) as specified bonds under the proviso to clause (iib) of section 193 of the Income tax Act, and provides that the proviso's benefit on transfer by endorsement or delivery is admissible only if the transferee informs the issuing bank by registered post within sixty days of the 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 bond recognition under clause (iib) requires transferee to notify issuer by registered post within sixty days.
The Central Government specifies the 11.5 per cent Exim Bank Bonds-2010 (Eighth Series) as specified bonds under the proviso to clause (iib) of section 193 of the Income tax Act, and provides that the proviso's benefit on transfer by endorsement or delivery is admissible only if the transferee informs the issuing bank by registered post within sixty days of the transfer.
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