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    <title>Specification of debentures /bonds of public sector companies for exemption from wealth-tax</title>
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    <description>The Central Government specifies two categories of secured, redeemable, non-convertible HUDCO Shelter Bonds as eligible for wealth-tax exemption under clause (xvie) of section 5(1) of the Wealth-tax Act, 1957. The exemption upon transfer by endorsement or delivery is conditional: the transferee must inform the issuing corporation by registered post within sixty days of the transfer for the benefit to be admissible.</description>
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      <description>The Central Government specifies two categories of secured, redeemable, non-convertible HUDCO Shelter Bonds as eligible for wealth-tax exemption under clause (xvie) of section 5(1) of the Wealth-tax Act, 1957. The exemption upon transfer by endorsement or delivery is conditional: the transferee must inform the issuing corporation by registered post within sixty days of the transfer for the benefit to be admissible.</description>
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