Central Government specifies 10 year 9% per cent. (tax-free) Secured Redeemable Non-convertible Bonds of Rs. 1,000 each, issued by the National Hydroelectric Power Corporation Limited u/s 10(15)(iv)(h) - S.O.898(E) - Income Tax Act, 1961
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Tax-free bonds specified for public power company; tax exemption available only if holders register their holdings with issuer. Central Government specifies ten year, nine percent, tax free, secured, redeemable, non convertible bonds of one thousand rupees each issued by the National Hydroelectric Power Corporation, identifying a particular series and aggregate issuance; the income tax exemption is made conditional on the holder registering his name and holding with the issuing corporation.
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Tax-free bonds specified for public power company; tax exemption available only if holders register their holdings with issuer.
Central Government specifies ten year, nine percent, tax free, secured, redeemable, non convertible bonds of one thousand rupees each issued by the National Hydroelectric Power Corporation, identifying a particular series and aggregate issuance; the income tax exemption is made conditional on the holder registering his name and holding with the issuing corporation.
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