Tax free municipal bonds: exemption for registered holders subject to issuance specifications and amended issuance window. Specification under section 10(15)(vii) designates certain bonds issued by Ahmedabad Municipal Corporation as tax free municipal bonds for the notification period; the tax exemption for interest is available only if the bondholder registers his or her name as holder with the issuing corporation. Subsequent amendment notes modify the issuance timeframe applicable to this specification.
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 municipal bonds: exemption for registered holders subject to issuance specifications and amended issuance window.
Specification under section 10(15)(vii) designates certain bonds issued by Ahmedabad Municipal Corporation as tax free municipal bonds for the notification period; the tax exemption for interest is available only if the bondholder registers his or her name as holder with the issuing corporation. Subsequent amendment notes modify the issuance timeframe applicable to this specification.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
