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Tax exemption for specified tax-free bonds granted, subject to registration of holder and bond particulars. Specification under Section 10(15)(iv)(h) designates '9.50% Tax Free Bonds' issued by National Textile Corporation Limited, identified by distinctive numbers I to 24000, with a face value per bond, an annual interest rate of 9.50% and a five-year tenor for a specified aggregate amount; the exemption is admissible only if the holder registers their name and holding with the issuing corporation.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption for specified tax-free bonds granted, subject to registration of holder and bond particulars.
Specification under Section 10(15)(iv)(h) designates "9.50% Tax Free Bonds" issued by National Textile Corporation Limited, identified by distinctive numbers I to 24000, with a face value per bond, an annual interest rate of 9.50% and a five-year tenor for a specified aggregate amount; the exemption is admissible only if the holder registers their name and holding with the issuing corporation.
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