Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Tax exemption for specified HUDCO tax-free bonds confirmed, subject to holder registration of name and holding with issuer. Central Government specifies '5.15% Housing and Urban Development Corporation Limited Taxfree Bonds Series XXXIV' as exempt under clause (15)(iv)(h) of Section 10 of the Income tax Act; the issue is described by aggregate amount, face value, interest rate, ten year tenor, distinctive numbers 001-500 and issuance in 2003-04 by Housing and Urban Development Corporation Limited. The exemption is subject to the condition that the holder registers his or her name and holding with the Corporation.
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 exemption for specified HUDCO tax-free bonds confirmed, subject to holder registration of name and holding with issuer.
Central Government specifies "5.15% Housing and Urban Development Corporation Limited Taxfree Bonds Series XXXIV" as exempt under clause (15)(iv)(h) of Section 10 of the Income tax Act; the issue is described by aggregate amount, face value, interest rate, ten year tenor, distinctive numbers 001-500 and issuance in 2003-04 by Housing and Urban Development Corporation Limited. The exemption is subject to the condition that the holder registers his or her name and holding with the Corporation.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.