Under section 2(112) of the Income-tax Act, 2025, 'zero coupon bond' means a bond

Section 2(112) of the Income-tax Act, 2025 defines a zero coupon bond by three cumulative elements: it is issued by an infrastructure capital company, infrastructure capital fund, infrastructure debt fund, public sector company or scheduled bank on or after 1 June 2005; no payment or benefit is received or receivable before maturity or redemption; and it is notified by the Central Government. Since the definition combines all three, "All of the given options are correct". This corresponds to section 2(48) of the repealed Income-tax Act, 1961.