Section 269TT, Income-tax Act, 1961 — Mode of repayment of Special Bearer Bonds, 1991

Chapter XX-B

269TTMode of repayment of Special Bearer Bonds, 1991.

Section 269TT · Chapter XX-B · TAX · page 937 of the Act

Notwithstanding 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.

Section 269TT of The Income-tax Act, 1961 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.