https://www.taxtmi.com/notifications?id=7172 New rules require issuers to apply in Form 5B for notification of zero coupon bonds, supply corporate or trust documentation, and secure Central Government notification only after meeting conditions: prescribed long term bond life, dual registered investment grade ratings, listing arrangements, and issuer undertakings to invest proceeds according to specified timetables. The Government may reject or withdraw notification for non compliance, and issuers must file annual accountant certificates confirming investments; notified bonds must list particulars such as name, life, issue schedule, redemption amount, discount and number of bonds. en-us Thu, 30 Mar 2006 00:00:00 +0530 Mon, 28 Jul 2008 10:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=7172 New rules require issuers to apply in Form 5B for notification of zero coupon bonds, supply corporate or trust documentation, and secure Central Government notification only after meeting conditions: prescribed long term bond life, dual registered investment grade ratings, listing arrangements, and issuer undertakings to invest proceeds according to specified timetables. The Government may reject or withdraw notification for non compliance, and issuers must file annual accountant certificates confirming investments; notified bonds must list particulars such as name, life, issue schedule, redemption amount, discount and number of bonds. Notifications Income Tax Thu, 30 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/notifications?id=7172