Section 10(15)(vii) of the Income-tax Act, 1961 - Tax Free Municipal Bonds issued by 'Karnataka Water and Sanitation Pooled Fund Trust, Karnataka' during the financial year 2005-2006 - 155/2005 - Income Tax Act, 1961
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Tax Free Municipal Bonds: specified issuance eligible for tax exemption provided holders register their name and holding with the trust. The Central Government by notification specifies Tax Free Municipal Bonds to be issued by the Karnataka Water and Sanitation Pooled Fund Trust during the 2005-2006 financial year as eligible for tax-exempt status under the relevant clause, and conditions the availability of the exemption on the holder registering his or her name and the holding with the issuing trust.
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: specified issuance eligible for tax exemption provided holders register their name and holding with the trust.
The Central Government by notification specifies Tax Free Municipal Bonds to be issued by the Karnataka Water and Sanitation Pooled Fund Trust during the 2005-2006 financial year as eligible for tax-exempt status under the relevant clause, and conditions the availability of the exemption on the holder registering his or her name and the holding with the issuing trust.
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