S. 54EC CBDT allows Indian Railway Finance Corp. Ltd to issued Bond

Published: 13/08/2017
S. 54EC CBDT allows Indian Railway Finance Corp. Ltd to issued Bond
Source: TAXGURU.IN

In exercise of the powers conferred by clause (ba) of Explanation to section 54EC of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies that any bond redeemable after three years and issued by the Indian Railway Finance Corporation Limited, a company formed and registered under the Companies Act, 1956 (1 of 1956), on or after the date of publication of this notification

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