Central Government specifies 7-years 9.5% NHB-Swarna Jayanti Rural Housing Finance Tax Free Bonds u/s 10(15)(iv)(h) - S. O. 49(E) - Income Tax Act, 1961
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Tax exemption for specified rural housing tax-free bonds requires holder registration to qualify for benefit. Specification designates 7 year NHB Swarna Jayanti Rural Housing Finance tax free bonds as eligible for exemption under section 10(15)(iv)(h), identifies the issuer and series by tenure, interest and distinctive bond numbers, and conditions the tax benefit on the bondholder registering his or her name and holding with the issuing bank.
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 exemption for specified rural housing tax-free bonds requires holder registration to qualify for benefit.
Specification designates 7 year NHB Swarna Jayanti Rural Housing Finance tax free bonds as eligible for exemption under section 10(15)(iv)(h), identifies the issuer and series by tenure, interest and distinctive bond numbers, and conditions the tax benefit on the bondholder registering his or her name and holding with the issuing bank.
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