Central Government specifies the 7-year 13 per cent. (taxable) Secured Redeemable Non-Convertible ('A' Series) Bonds, issued by the HMT Limited, Bangalore u/s 80L - S.O.15(E) - Income Tax Act, 1961
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Section 80L benefit for specified HMT bonds requires transferee to notify the company by registered post within sixty days. The Central Government specifies the 7 year 13 per cent taxable secured redeemable non convertible ('A' Series) bonds issued by HMT Limited, Bangalore, as qualifying under section 80L, and conditions the admissibility of the benefit 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.
Section 80L benefit for specified HMT bonds requires transferee to notify the company by registered post within sixty days.
The Central Government specifies the 7 year 13 per cent taxable secured redeemable non convertible ('A' Series) bonds issued by HMT Limited, Bangalore, as qualifying under section 80L, and conditions the admissibility of the benefit on the transferee informing the issuer by registered post within sixty days of transfer.
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