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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Central Government Lists Specific Debentures Under Wealth-tax Act, Section 5(1)(xvie) for NHPC & Neyveli Lignite Bonds.</h1> The notification, dated August 22, 1986, specifies certain debentures of public sector companies under the Wealth-tax Act, 1957. Exercising powers under clause (xvie) of sub-section (1) of section 5, the Central Government designates the following debentures: the 7-Year '14 percent Secured Redeemable Non-Convertible Bonds ('A' Series)' issued by National Hydroelectric Power Corporation Limited and the 7-Year '14 percent Secured Redeemable Non-Convertible Bonds' issued by Neyveli Lignite Corporation Limited. These specifications are for the purposes outlined in the mentioned clause of the Wealth-tax Act.
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