https://www.taxtmi.com/circulars?id=9604 A government-issued 7% Capital Investment Bonds may be held by individuals, on behalf of minors, or jointly, with no maximum investment limit. The Reserve Bank of India is instructed to notify income-tax authorities of high-value individual subscriptions so that field officers investigate notified investments and take appropriate action; information from the Reserve Bank or other sources must be used in scrutiny and the directions circulated to all officers. en-us Wed, 01 May 1985 00:00:00 +0530 Tue, 07 Jun 2011 13:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9604 A government-issued 7% Capital Investment Bonds may be held by individuals, on behalf of minors, or jointly, with no maximum investment limit. The Reserve Bank of India is instructed to notify income-tax authorities of high-value individual subscriptions so that field officers investigate notified investments and take appropriate action; information from the Reserve Bank or other sources must be used in scrutiny and the directions circulated to all officers. Circulars Income Tax Wed, 01 May 1985 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9604