Specified taxable secured redeemable non-convertible bonds designated under income-tax provision for eligibility by central government. Central Government specifies 16% Taxable Secured Redeemable Non-convertible Bonds issued by Mahanagar Telephone Nigam Ltd. as qualifying instruments under clause (ii) of sub section (1) of section 80L of the Income tax Act, identifying their rate, secured and non convertible nature, redeemable character, face value, distinctive numbering range, and aggregate issuance amount to effect the statutory specification.
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Provisions expressly mentioned in the judgment/order text.
Specified taxable secured redeemable non-convertible bonds designated under income-tax provision for eligibility by central government.
Central Government specifies 16% Taxable Secured Redeemable Non-convertible Bonds issued by Mahanagar Telephone Nigam Ltd. as qualifying instruments under clause (ii) of sub section (1) of section 80L of the Income tax Act, identifying their rate, secured and non convertible nature, redeemable character, face value, distinctive numbering range, and aggregate issuance amount to effect the statutory specification.
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