Specified tax-free bond status requires transferee notification to issuer within sixty days for transfer-related benefit.
The Central Government specifies the "10-year-9% (tax-free) Secured Redeemable Non-Convertible NTPC Bonds-IV Issue (Private Placement)" as qualifying securities under the Wealth-tax Act, subject to the condition that transferees inform the issuing corporation by registered post within sixty days of transfer for the tax benefit to remain admissible.

Wealth tax bond specification: NHPC bond transfers require transferee registered notice within sixty days for benefit entitlement.
Specification under clause (xvie) of sub section (1) of section 5 of the Wealth tax Act, 1957 designates two series of bonds issued by the National Hydroelectric Power Corporation Limited as eligible under that provision - 10 year 9 per cent tax free secured redeemable non convertible Bonds (C Series) and 7 year 13 per cent taxable secured redeemable non convertible Bonds (C Series) - and conditions admissibility on transfer upon the transferee informing the Corporation by registered post within sixty days of such transfer.

Additional Benches designation: Calcutta and Madras added as places for Wealth tax Settlement Commission under section 22BA.
Central Government, exercising powers under sub section (6) of section 22BA of the Wealth tax Act, 1957, amends Notification No. S.O. 570(E) dated 10th June, 1987 by substituting words to designate Calcutta and Madras as the places at which the Additional Benches of the Wealth tax Settlement Commission shall sit.

Specified bonds tax treatment requires transferee to notify issuer promptly to preserve wealth-tax benefit on transfer.
Specification designates two categories of secured redeemable non-convertible bonds issued by the housing finance corporation as eligible for the benefit of clause (xvie) of section 5(1) for wealth-tax purposes: 10-year tax-free bonds and 7-year taxable bonds. The wealth-tax benefit on transfer by endorsement or delivery is conditional on the transferee informing the issuer by registered post within sixty days of such transfer.

Specified debentures: treatment extended to designated public sector bonds provided transferee gives prompt registered notification to issuer.
The Central Government specifies two categories of NTPC secured, redeemable, non-convertible bonds as specified debentures under clause (xvie) of section 5(1) of the Wealth-tax Act. Eligibility for the benefit on transfer by endorsement or delivery is conditional on the transferee informing the issuing corporation by registered post within sixty days of such transfer.

Specified bonds under Wealth tax provisions: transfer benefit for MTNL bond issues requires transferee to give registered notice within sixty days.
Government specifies two categories of MTNL bonds under clause (xvie) of sub section (1) of section 5 of the Wealth tax Act: 7 year 13% (Taxable) Secured Redeemable Non Convertible Bonds (2nd issue) and 10 year 9% (Tax Free) Secured Redeemable Non Convertible Bonds (2nd issue). The benefit under that clause is admissible on transfer by endorsement or delivery only if the transferee informs the company by registered post within sixty days of such transfer.

Tax treatment for specified corporate bonds conditions transfer benefit on transferee notice to issuer within prescribed period.
The Central Government specifies certain secured, redeemable, non-convertible bonds issued by the Nuclear Power Corporation of India Limited as qualifying under clause (xvie) of section 5(1) of the Wealth-tax Act; one category is described as tax-exempt and another as taxable. The notification conditions the availability of the benefit on transfer upon the transferee informing the issuing corporation by registered post within sixty days of the transfer.

Specified secured redeemable bonds require transferee to notify the issuer within a prescribed period for wealth-tax benefit.
Specification under clause (xvie) of section 5(1) of the Wealth-tax Act designates 7-year 13% Secured Redeemable Non-convertible Bonds (A-series) of Hindustan Photo Films Manufacturing Company Limited for the purposes of that clause. The tax benefit on transfer by endorsement or delivery is admissible only if the transferee informs the issuing company by registered post within sixty days of such transfer.

Tax-free bond specification permits wealth-tax benefit on specified secured non-convertible bonds, subject to transferee notice requirement.
The Central Government designates secured, redeemable, non-convertible tax-free bonds issued by the Indian Railway Finance Corporation Limited as qualifying for the wealth-tax benefit under the Wealth-tax Act; the benefit on transfer by endorsement or delivery is admissible only if the transferee notifies the issuing Corporation by registered post within sixty days of transfer.

Specified bonds under Wealth tax Act require transferee to notify issuer by registered post to claim the benefit.
Specifies two types of secured redeemable non convertible bonds issued by Neyveli Lignite Corporation Limited as instruments within the scope of clause (xvie) of sub section (1) of section 5 of the Wealth tax Act, 1957: a seven year 13% B Series and a ten year 9% (tax free) B Series. The notification conditions the availability of the benefit under that clause on the transferee informing the Corporation by registered post within sixty days of transfer by endorsement or delivery.

Tax exemption for specified secured bonds requires transferee to notify issuer within sixty days to retain benefit.
The Central Government specifies the 10 Year 9% (Tax free) Secured Redeemable REC Bonds (15th Series), 1997 as eligible for the wealth tax benefit under clause (xvie) of sub section (1) of section 5 of the Wealth tax Act, 1957. The tax benefit on transfer by endorsement or delivery is subject to the condition that the transferee informs the issuing corporation by registered post within sixty days of such transfer.

Specified bonds recognition under wealth-tax rules requires transferee to give timely registered notice to issuer for benefit.
Specification under the Wealth tax Act recognizes the 7-Year-IPCL 13% Secured Redeemable Non-Convertible Bonds as qualifying instruments; recognition is subject to a transferee notice obligation that makes the benefit under the specified clause admissible on transfer by endorsement or delivery only if the transferee informs the issuing Corporation by registered post within sixty days of transfer.

Specified Debenture: HUDCO Capital Gains Debenture designated under clause (xvie) of the Wealth tax Act for tax specification.
Central Government, under clause (xvie) of sub section (1) of section 5 of the Wealth tax Act, 1957, specifies the 3 Year 9 per cent. HUDCO Capital Gains Debenture issued by the Housing & Urban Development Corporation Ltd. as a debenture recognised for the purposes of that clause by notification dated 22 02 1988.

Public sector bonds designation enables wealth-tax benefit for specified debentures; transferee must notify issuer within sixty days.
Central Government notification specifies certain secured, redeemable, non-convertible debentures issued by public enterprises as public sector bonds for clause (xvie) of section 5(1) of the Wealth-tax Act. The tax benefit is subject to a condition that, on transfer of such bonds, the transferee must inform the issuing company by registered post within sixty days of the transfer.