Interest on bonds issued by local authorities - purpose of Section 10(15)(vii) of the Income-tax Act, 1961

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..... d by sub-clause (vii) of clause (15) of section 10 of the Income Tax Act, 1961 (43 of 1961) , the Central Government hereby specifies the second tranche bond with the following particulars for the purpose of the said sub-clause, namely: - (a) Name of the bond - Tax Free Pooled Finance Development Bonds under Pooled Finance Development Fund Scheme of Government of Ind .....

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..... n No.K - 14011/40/01 - UD.II(Vol.III) dated 25th October, 2006 of the Ministry of Urban. Development and the Guidelines for issue of tax-free Pooled Finance Development Bonds circulated vide OM F.No.K - 14011/40/01-UD II(Vol.IV) dated 7-6-2007 of the Ministry of Urban Development, and (ii) the condition that they are issued within a period of twelve months from the date of publication of this no .....

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