The Central Government specified the 7.85 per cent NHB-Priority Sector Bonds 2001-02 (tax free) only bearing distinctive numbers from E/00001 to E/07500, issued during 2001-2002 by the National Housing Bank u/s 10(15) - 241/2002 - Income Tax Act, 1961
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Tax exemption for specified NHB priority sector bonds confirmed, conditional on holder's registration with the issuing bank. The Central Government specified a tranche of 7.85 per cent NHB Priority Sector Bonds issued during 2001-2002 as tax-free for the purposes of section 10(15), identifying them by series and distinctive numbers, and providing that the exemption is admissible only if the holder registers his or her name and holding with the issuing bank.
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 NHB priority sector bonds confirmed, conditional on holder's registration with the issuing bank.
The Central Government specified a tranche of 7.85 per cent NHB Priority Sector Bonds issued during 2001-2002 as tax-free for the purposes of section 10(15), identifying them by series and distinctive numbers, and providing that the exemption is admissible only if the holder registers his or her name and holding with the issuing bank.
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