Tuesday, 1 April 2014

CBDT authorizes ‘IFCI Ltd.’ to issue tax free bonds up to Rs 430 crores

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


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