Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Government Issues 17.75% and 18% Secured Redeemable Bonds Under Section 80L of Income-tax Act, 1961</h1> The Central Government, under section 80L of the Income-tax Act, 1961, specifies the issuance of 17.75% Secured Redeemable Non-cumulative Medium-term Bonds (VHI-C Series) and 18% Secured Redeemable Non-cumulative Staggered Redemption Bonds (VIII-C Series) by a corporation. The VHI-C Series bonds, each valued at Rs. 1,00,000, amount to Rs. 126.66 crores, while the VIII-C Series bonds, also valued at Rs. 1,00,000 each, total Rs. 8.82 crores. The combined issuance aggregates to Rs. 135.48 crores. These bonds are taxable and are specified for the purposes outlined in the said clause.
TaxTMI 
TaxTMI 
