Income Tax- Exemptions- Interest on Bonds/Debentures

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. 2012-13- Amendment in Notification No. SO 2685(E), dated 06.11.2012, read with Corrigendum NO. SO 2717(E), dated 15.11.2012

Notification No. 10/2013, [F.NO.178/6/2013(ITA-I)]/SO 321(E), dated 05.02.2013

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 makes the following amendments in the notification of the Government of India in the Ministry of Finance, Department of Revenue (Central Board of Direct Taxes) vide number S.O. 2685(E), published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii), dated the 6th November, 2012, read with corrigendum in the Gazette of India vide number S.O. 2717(E), dated the 15th November, 2012, with effect from its date of publication, namely :-

2. In the said notification, in the Table occurring after paragraph (j), after serial number 10 and the entries relating thereto, the following serial number and the entries shall be inserted, namely:-

  

TABLE

"11.

The Indian Renewable Energy Development Agency Limited

Rs. 1000 crores."

Source:Income Tax Department- India.