AIBE XV 2021 Set A Question 72

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Question 72 of 100 AIBE XV 2021 Set A

According to Income Tax Act "zero coupon bond" means a bond

A issued by any infrastructure capital company or infrastructure capital fund or public sector company or scheduled bank on or after the 1st day of June, 2005;
B in respect of which no payment and benefit is received or receivable before maturity or redemption from infrastructure capital company or infrastructure capital fund or public sector company or scheduled bank
C which the Central Government may, by notification in the Official Gazette, specify in this behalf.
D All of the above Official answer