Tax exemption for specified priority sector bonds requires holder registration to qualify for tax benefit. Specifies tax exemption under section 10(15)(iv) for a designated issue of secured non-convertible priority sector tax-free bonds, identified by series, face value, coupon range, tenor and distinctive numbers, and makes the exemption conditional on the bondholder registering his or her name and holdings with the issuer 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 priority sector bonds requires holder registration to qualify for tax benefit.
Specifies tax exemption under section 10(15)(iv) for a designated issue of secured non-convertible priority sector tax-free bonds, identified by series, face value, coupon range, tenor and distinctive numbers, and makes the exemption conditional on the bondholder registering his or her name and holdings with the issuer corporation.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.