Home / 
Specifies "10-year-9% (tax-free) Secured Redeemable Non-Convertible PFC Bonds-II Series (Private Placement)"
X X X X Extracts X X X X
X X X X Extracts X X X X
.... by clause (xvie) of sub-section (1) of section 5 of the Wealth-tax Act, 1957 (27 of 1957), the Central Government hereby specifies "10-year-9% (tax-free) Secured Redeemable Non-Convertible PFC Bonds-II Series (Private Placement)", issued by the Power Finance Corporation Limited, for the purpose of the said clause: Provided that the benefit under the said clause shall be admissible in the case ....
TaxTMI