Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Resurgent India Bonds Classified as Deposits Under Income-tax Act Section 10(15)(i) by Central Government Notification</h1> The Central Government, exercising its powers under the Income-tax Act, 1961, has specified the Resurgent India Bonds as deposits under section 10(15)(i). These bonds, issued by the State Bank of India, represent foreign currency denominated deposits in the form of promissory notes. This specification is formalized through Notification No. S. O. 844(E) dated September 21, 1998, and was announced by a Deputy Secretary to the Government of India.