Tax exemption for specified railway bonds: holders must register their name and holding to claim the benefit. Central Government specifies 10.15% tax free (8C Series) Konkan Railway Bonds issued by Konkan Railway Corporation Limited, bearing distinctive numbers 1 to 6000 for an aggregate amount of sixty crores, under the power conferred by the Income-tax Act. The notification conditions eligibility for the exemption on the holder registering his or her name and the holding with Konkan Railway Corporation Limited.
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Tax exemption for specified railway bonds: holders must register their name and holding to claim the benefit.
Central Government specifies 10.15% tax free (8C Series) Konkan Railway Bonds issued by Konkan Railway Corporation Limited, bearing distinctive numbers 1 to 6000 for an aggregate amount of sixty crores, under the power conferred by the Income-tax Act. The notification conditions eligibility for the exemption on the holder registering his or her name and the holding with Konkan Railway Corporation Limited.
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