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Section 269TT: Mode of repayment of Special Bearer Bonds, 1991

The Income-tax Act, 1961Central Act · Act 43 of 1961

Repealed. This text is published for reference. It is not in force, and it should not be relied on as current law without checking what replaced it. Repealed by the Income-tax Act, 2025, with effect from 1 April 2026

Mode of repayment of Special Bearer Bonds, 1991.

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.

Where this provision sits

ActThe Income-tax Act, 1961
Section269TT
Marginal noteMode of repayment of Special Bearer Bonds, 1991
JurisdictionCentral
StatusRepealed

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