Tax-exempt bonds under section 10(15)(iv)(h): issuance specified and exemption contingent on holder registration requirement. The Central Government specifies 7-years 10.5 per cent. (Taxfree) NEEPCO Bonds as specified exempt securities under item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, identifying the bonds by distinctive numbers and aggregate issuance; the exemption is admissible only if the holder registers his/her name and the holding with the issuing 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 under section 10(15)(iv)(h): issuance specified and exemption contingent on holder registration requirement.
The Central Government specifies 7-years 10.5 per cent. (Taxfree) NEEPCO Bonds as specified exempt securities under item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, identifying the bonds by distinctive numbers and aggregate issuance; the exemption is admissible only if the holder registers his/her name and the holding with the issuing corporation.
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