Section 54EC bond eligibility: transfers require transferee notification to issuer to preserve tax exemption under rule. The Government specifies non-convertible redeemable bonds issued by the National Highways Authority of India as eligible for benefits under Section 54EC, and conditions that transfers by endorsement or delivery will attract the proviso benefit only if the transferee notifies the issuer by registered post within sixty days of such transfer.
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.
Section 54EC bond eligibility: transfers require transferee notification to issuer to preserve tax exemption under rule.
The Government specifies non-convertible redeemable bonds issued by the National Highways Authority of India as eligible for benefits under Section 54EC, and conditions that transfers by endorsement or delivery will attract the proviso benefit only if the transferee notifies the issuer by registered post within sixty days of such transfer.
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