TMI BlogSpecified "9.5% Tax Free Bonds" under section 10 (15)(iv) of the Income-tax Act, 1961X X X X Extracts X X X X X X X X Extracts X X X X ..... ub-clause (h) of clause (iv) of sub-section 15 of Section 10 of the Income-tax Act, 1961, specified "9.5% Tax Free Bonds" of Rs.240 crore issued by the National Textile Corporation Limited bearing distinctive numbers from 1 to 24000 (out of the 9.50% Tax Free Bonds of Rs.248.69 crore bearing distinctive numbers from 1 to 24869), of rupees one lakh each, carrying an interest of 9.50% per annum for ..... X X X X Extracts X X X X X X X X Extracts X X X X
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