Central Government specifies 7-years 8.25% National Bank for Agriculture and Rural Development Tax-free Bonds issued by the National Bank for Agriculture and Rural Development u/s 10(15)(iv)(h) - S. O. 389(E) - Income Tax Act, 1961
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Tax-free bonds under section 10(15)(iv)(h) are exempt provided each holder registers their holding with the issuer. The Central Government specifies a 7-year, 8.25% tax-free bond issue by the National Bank for Agriculture and Rural Development as eligible under section 10(15)(iv)(h), identifying series, face value, total amount and distinctive serial numbers; the tax benefit is admissible only if each bondholder registers his 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-free bonds under section 10(15)(iv)(h) are exempt provided each holder registers their holding with the issuer.
The Central Government specifies a 7-year, 8.25% tax-free bond issue by the National Bank for Agriculture and Rural Development as eligible under section 10(15)(iv)(h), identifying series, face value, total amount and distinctive serial numbers; the tax benefit is admissible only if each bondholder registers his name and holding with the issuing bank.
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