Central Government specifies '10.5 per cent. (tax-free bonds) (Series 2-A bearing Serial Numbers 1 to 40,00,000) of an amount of Rupees 400 crores' issued by the Konkan Railway Corporation Limited u/s 10(15)(iv)(h) - S.O.38(E) - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Tax-exempt bonds specified for Konkan Railway carry registration condition for holders to secure tax benefit. Central Government specifies 10.5 per cent. Series 2-A tax-free bonds to be issued by Konkan Railway Corporation Limited as exempt under the relevant item of section 10 of the Income-tax Act, identifying series, serial range and aggregate issuance. The notification makes the tax benefit conditional on the bondholder registering his name and holding with the 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-exempt bonds specified for Konkan Railway carry registration condition for holders to secure tax benefit.
Central Government specifies 10.5 per cent. Series 2-A tax-free bonds to be issued by Konkan Railway Corporation Limited as exempt under the relevant item of section 10 of the Income-tax Act, identifying series, serial range and aggregate issuance. The notification makes the tax benefit conditional on the bondholder registering his name and holding with the Corporation.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.