TMI BlogSection 2(48) of the Income-tax Act, 1961 Zero Coupon Bond Specified bondX X X X Extracts X X X X X X X X Extracts X X X X ..... tax Act, 1961 (43 of 1961) , the Central Government hereby specifies the following particulars of zero coupon bond for the purposes of the said clause, namely : (a) Name of the bond Bhavishya Nirman Bond ( a ten year zero coupon bond) of National Bank of Agriculture and Rural Development (NABARD); (b) period of life of the bond ten years; (c) t ..... X X X X Extracts X X X X X X X X Extracts X X X X
|