Debenture specification: central government designates capital bonds as qualifying instruments under wealth tax notification. The Central Government, exercising its power under the Wealth Tax Act, specifies a particular series of capital bonds issued by a development bank as qualifying debentures for the purposes of the relevant clause, naming the instrument and recording the notification date and government file reference.
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Debenture specification: central government designates capital bonds as qualifying instruments under wealth tax notification.
The Central Government, exercising its power under the Wealth Tax Act, specifies a particular series of capital bonds issued by a development bank as qualifying debentures for the purposes of the relevant clause, naming the instrument and recording the notification date and government file reference.
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