Supreme Court High Court Judgment updates| taxation GST laws| NRI help

269TT Income Tax Act Mode of repayment of Special Bearer Bonds, 1991

Section 269tt of Income Tax Act 1961 -  Mode of repayment of Special Bearer Bonds, 1991

1Notwithstanding anything contained in any other law for the time being in force, the amount payable on redemption of Special Bearer Bonds, 1991, shall be paid only by an account payee cheque or account payee bank draft drawn in the name of the person to whom such payment is to be made.

----------------------

1. Ins. by Act 38 of 1981, s. 3 (w.e.f. 19-9-1981).

About Us | Privacy Policy | Disclaimer | Sitemap