Tax-exempt bonds specified for Konkan Railway; tax-free status granted subject to holders registering with the corporation. The Central Government specified certain Konkan Railway bonds as tax-free securities, designating a second series issued by Konkan Railway Corporation Limited and treating interest on those bonds as exempt; the exemption is admissible only if the holder registers his name and holdings with the Konkan Railway Corporation Limited.
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; tax-free status granted subject to holders registering with the corporation.
The Central Government specified certain Konkan Railway bonds as tax-free securities, designating a second series issued by Konkan Railway Corporation Limited and treating interest on those bonds as exempt; the exemption is admissible only if the holder registers his name and holdings with the Konkan Railway Corporation Limited.
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