CBDT bans AAI from issuing tax-free bonds, raises cap on issuing tax-free bonds for certain entities

IT : Section 10(15), Item (h) of Sub-Clause (iv) of The Income-Tax Act, 1961 - Exemptions - Interest on Bonds/Debentures - Specified Companies Authorized To Issue Tax-Free, Secured, Redeemable, Non-Convertible Bonds During F.Y. 2013-14 Subject to Specified Conditions - Amendment in Notification No. 61/2013 [F.No.178/37/2013-(ITA-I)/SO 2424(E), Dated 8-8-2013