Central Government specifies the 5-years 13.5% Secured Redeemable Non-convertible and Taxable Debentures in the nature of bonds Power Grid Bonds Power Grid Corporation of India Limited, New Delhi u/s 80L - S. O. 508(E) - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Specified bonds under section 80L: 5-year secured taxable debentures designated for clause (ii) qualification issue. Central Government specifies, under clause (ii) of sub-section (1) of section 80L, the Power Grid Bonds (VIIth Issue) as 5-year, 13.5% per annum, secured, redeemable, non-convertible and taxable debentures of Rs. 1,000 each, bearing distinctive numbers G-0000001 to G-2000000, with interest payable half-yearly and an aggregate issue amounting to two hundred crores.
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.
Specified bonds under section 80L: 5-year secured taxable debentures designated for clause (ii) qualification issue.
Central Government specifies, under clause (ii) of sub-section (1) of section 80L, the Power Grid Bonds (VIIth Issue) as 5-year, 13.5% per annum, secured, redeemable, non-convertible and taxable debentures of Rs. 1,000 each, bearing distinctive numbers G-0000001 to G-2000000, with interest payable half-yearly and an aggregate issue amounting to two hundred crores.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
