Section 10(15), item (h) of sub-clause (iv) of the Income-tax Act, 1961 - Exemptions - Interest on bonds/debentures - Notified bonds - Amendment in Notification No. 61/2013 [F.No.178/37/2013-(ITA-I)/SO 2424(E), dated 8-8-2013
Notification No. 19/2014 [F.No.178/9/2014-ITA-I] / SO 899(E) was published on 26 March 2014. Its subject is Section 10(15), item (h) of sub-clause (iv) of the Income-tax Act, 1961 - Exemptions - Interest on bonds/debentures - Notified bonds - Amendment in Notification No. 61/2013 [F.No.178/37/2013-(ITA-I)/SO 2424(E), dated 8-8-2013.
This grants an exemption or a relief under a provision that allows one. Read the conditions attached: an exemption notification is construed strictly, and a condition missed is the exemption lost.
This is not the department’s typed text. The department published this one as a scanned image of a signed paper, so there is no text in the file to copy. What follows was read off that image by optical character recognition and is reproduced without correction — the mistakes you can see are the machine’s, and there may be others you cannot. It is here so the document can be found and read; it is not a substitute for the file, which is linked below. Do not quote from this page.
2 THE GAZETTE OF INDIA : EXTRAORDINARY [Part II-—Skc. 3(ii)]
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MINISTRY OF FINANCE
(Department of Revenue)
| (CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 26th March, 2014
$.O. 898 (E).—Whereas, the Central Government (Ministry of Commerce and Industry} in exercise of the powers under the Industrial Park Scheme, 2002 (hereinafter referred to as the Scheme), as notified vide number
$.0. 354(E) dated the Ist April, 2002, through the Empowered Committee, had granted approval to the undertaking
: being developed and being maintained and operated by M/s. Pantheon Infrastructure Pvt. Ltd., Mumbai at Logitech Park,
Mathuradas Vasanji Road, Andheri (East), Mumbai-400072, as an Industrial Park;
And, whereas, the Central Government (Ministry of Finance, Department of Revenue, CBDT) in exercise of the
‘ powers conferred by clause (iii} of sub-section (4) of section 80-IA of the Income-tax Act, 1961 (43 of 1961),
| (hereinafter referred to as the ‘Act’) had notified the undertaking being developed and being maintained and Operated by
M/s. Pantheon Infrastructure Pvt. Ltd., Mumbai at Logitech Park, Mathuradas Vasanji Road, Andheri (East),
Mumbai-400072, as an Industrial Park for the purposes of the said clause (iii), vide notification of the Government of
India in the Ministry of Finance, Department of Revenue, vide number S.O. 4700, dated the 17th November, 2006, published in the Gazette of India, Part II, Section 3, Sub-section (ii); s And, whereas, Subsequently the Central Government (Ministry of Commerce and Industry} vide letter
No.15/29/2005-IP&ID dated 3 February, 2014 has withdrawn the said approval granted to the undertaking under the
Scheme;
Now, therefore, the Centrat Government, in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Act read with section 21 of the General Clauses Act, 1897 (10 of 1897), hereby rescinds the said
Notification No. §.0. 4700, dated 17” November, 2006, with effect from the 17% November, 2006.
{Notification No. 20/2014/F. No] 78/91/2006-ITA-I]
SURABH] SHARMA, Under Secy..
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NOTIFICATION
; New Delhi, the 26th March, 2014
$.O. 899 (E).—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 further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), published in the Gazette of
India, Extraordinary, Part I, Section 3, Sub-section (ii), vide number S.O. 2424(E}, dated the 8th of August, 2013, namely:—
, In the said notification, in the Table,-
{a) for serial number 10 and entries relating thereto, the following serial number and entries shall be substituted, namely:-
6 LC) DO)
<0. Tadian Railway Finance Coporion timed RFC)
(b) after serial number 13, the following serial number and entries shall be inserted, namely:—
@ ee) ee
“14. | IFC Limited (formerly known as Industria! Finance Corporation of India)
[Notification No, 19/2014/ F. No. 178/9/2014-(ITA. DJ
SURABHI SHARMA, Under Secy.
Note:—The principal notification was published in the Gazette of India, Extraordinary, Part Il, Section 3,
Sub-section (ii), vide number S.O. 2424(E) dated the 8th of August, 2013 and subsequently amended vide S.O. number
399(L), dated the 13th February, 2014. , a re
; Printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Delhi-1 10064 :
and Published by the Controller of Publications, Delhi- 10054.
Source: the department’s scanned file.
← Notification No. 20/2014 [F.No.178/91/2006-ITA-I] SO 898(E) · Notification No. 18/2014 [F.No.133/3/2014-TPL] / SO 878(E) →
Source: the Income Tax Department’s own published text — its page for this instrument.