Specified bonds under Section 80L: taxable secured redeemable nonconvertible bonds designated for prescribed tax treatment. Central Government designates a specific issue of secured, redeemable, non convertible bonds issued by the Northeastern Electric Power Corporation Limited for the purposes of Section 80L, identifying the instruments by denomination, stated taxable coupon, seven year tenure, distinctive number ranges and aggregate quantum so that that tranche is treated within the statutory specification under the provision.
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.
Specified bonds under Section 80L: taxable secured redeemable nonconvertible bonds designated for prescribed tax treatment.
Central Government designates a specific issue of secured, redeemable, non convertible bonds issued by the Northeastern Electric Power Corporation Limited for the purposes of Section 80L, identifying the instruments by denomination, stated taxable coupon, seven year tenure, distinctive number ranges and aggregate quantum so that that tranche is treated within the statutory specification under the provision.
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