Section 10(15) (IV) of the Income-tax Act, 1961 - Exemption of - Interest payable by public sector company on specified bonds/debentures
NOTIFICATION NO. 9/2009 [S.O. 99(E)], DATED 7-1-2009
In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the issue of tax free bonds by India Infrastructure Finance Company Limited, carrying an interest rate of upto maximum 8 per
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1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
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CA Sudhir Halakhandi
Published in Income TaxSource : http://www.taxmann.net/Datafolder/flash/flashst150109_2.htm