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Zero Coupon Bond - Specified bond notified u/s 2(48) of the Income-tax Act, 1961.

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....<br>MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 56/2023 New Delhi, the 1st August, 2023 (INCOME TAX) S.O. 3440(E).-In exercise of the....

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....) name of the bond -Ten Year Zero Coupon Bond of REC Ltd. (b) period of life of bond -ten years one months (c) the time schedule of the issue -to be issued on or before the 31s....