The Central Government hereby specifies the bonds in the nature of debentures, detailed below, issued by the 'Industrial Credit and Investment Corporation of India Limited, Mumbai,' in its public issue of Safety Bonds August, 2000, u/s 80L - 381/2002 - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Tax-exempt bond specification under Section 80L confirms Safety Bonds issued in August 2000 as eligible for tax recognition. The Central Government, under clause (ii) of sub-section (1) of Section 80L of the Income-tax Act, specifies Safety Bonds issued in August 2000 by Industrial Credit and Investment Corporation of India Limited as bonds in the nature of debentures for statutory tax purposes, and records allotment particulars distinguishing Tax Saving Bonds and Regular Income Bonds with their respective series and allotment details.
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-exempt bond specification under Section 80L confirms Safety Bonds issued in August 2000 as eligible for tax recognition.
The Central Government, under clause (ii) of sub-section (1) of Section 80L of the Income-tax Act, specifies Safety Bonds issued in August 2000 by Industrial Credit and Investment Corporation of India Limited as bonds in the nature of debentures for statutory tax purposes, and records allotment particulars distinguishing Tax Saving Bonds and Regular Income Bonds with their respective series and allotment details.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.