The Securities and Exchange Board of India has proposed that the government should allow tax benefits to companies investing in zero coupon zero principal bonds issued by non-profit organisations lis…

Question

The Securities and Exchange Board of India has proposed that the government should allow tax benefits to companies investing in zero coupon zero principal bonds issued by non-profit organisations listed on the Social Stock Exchange. Under this, the in vestors or donors purchasing these bonds will receive tax benefits under Section _____ of Income Tax rules.

PYQPulse · Accepted Answer

D. 80G

Answer: D. D. 80G