Central Government specifies the '10-year 9 per cent. (tax-free) HUDCO Scavenger Liberation Bonds (Serious-I)' issued by the Housing and Urban Development Corporation u/s 10(15)(iv)(h) - S.O.254(E) - Income Tax Act, 1961
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Tax exemption for HUDCO Scavenger Liberation Bonds specified; tax-free status conditional on holder registration with issuer. Central Government designates a class of debt instruments as tax-exempt specified bonds under the income-tax provision and declares them eligible for exemption; the exemption is conditional on the bondholder registering his name and the 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 exemption for HUDCO Scavenger Liberation Bonds specified; tax-free status conditional on holder registration with issuer.
Central Government designates a class of debt instruments as tax-exempt specified bonds under the income-tax provision and declares them eligible for exemption; the exemption is conditional on the bondholder registering his name and the holding with the issuing corporation.
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