Tax-free bond exemption under section 10(15)(iv)(h): NCRPB bonds exempt, tax benefit conditional on holder registration. The Central Government specifies NCRPB tax-free bonds (2005 Series I, IB and IC) issued in specified denominations, with a fixed interest rate for seven years and bearing distinctive serial numbers; income from these bonds is exempt under the relevant income-tax provision provided the bondholder registers their name and holding with the NCRPB.
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 exemption under section 10(15)(iv)(h): NCRPB bonds exempt, tax benefit conditional on holder registration.
The Central Government specifies NCRPB tax-free bonds (2005 Series I, IB and IC) issued in specified denominations, with a fixed interest rate for seven years and bearing distinctive serial numbers; income from these bonds is exempt under the relevant income-tax provision provided the bondholder registers their name and holding with the NCRPB.
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