Central Government specifies 10.5 per cent. per annum (Tax-free) Secured Redeemable Non-convertible NHPC Bonds (I-Series) u/s 10(15)(iv)(h) - S.O.205(E) - Income Tax Act, 1961
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Tax exempt NHPC bonds under section 10(15)(iv)(h) require holder registration to claim the tax exemption. Central Government specifies tax exempt NHPC bonds as 10.5 per cent per annum Secured Redeemable Non convertible NHPC Bonds (I Series) qualifying under item (h) of clause (15) of section 10 of the Income tax Act. The notification identifies the series, denomination and aggregate issuance for that purpose and conditions admissibility of the exemption on the holder registering his or her name and 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 NHPC bonds under section 10(15)(iv)(h) require holder registration to claim the tax exemption.
Central Government specifies tax exempt NHPC bonds as 10.5 per cent per annum Secured Redeemable Non convertible NHPC Bonds (I Series) qualifying under item (h) of clause (15) of section 10 of the Income tax Act. The notification identifies the series, denomination and aggregate issuance for that purpose and conditions admissibility of the exemption on the holder registering his or her name and holding with the issuing corporation.
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