Tax-free bond specification: exemption granted for specified Konkan Railway bonds subject to holder registration requirement. Central Government specifies tax-free Konkan Railway Bonds (7A-Series) under sub-clause (h) of clause (iv) of sub-section (15) of section 10 of the Income-tax Act, identifying bonds with distinctive numbers 1 to 11,40,000 issued by Konkan Railway Corporation Limited; the tax-exempt benefit is admissible only if the holder registers their name and holding with the 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-free bond specification: exemption granted for specified Konkan Railway bonds subject to holder registration requirement.
Central Government specifies tax-free Konkan Railway Bonds (7A-Series) under sub-clause (h) of clause (iv) of sub-section (15) of section 10 of the Income-tax Act, identifying bonds with distinctive numbers 1 to 11,40,000 issued by Konkan Railway Corporation Limited; the tax-exempt benefit is admissible only if the holder registers their name and holding with the Corporation.
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