In exercise of the powers conferred by clause (iib) of the proviso to section 193 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the “REC-13th Series Bonds” issued by the Rural Electrification Corporation Limited, New Delhi, for the purposes of the said clause.
In exercise of the powers conferred by clause (iib) of the proviso to section 193 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the “14% Secured Redeemable N. T. P. C. Bonds—1986, First Series” issued by the National Thermal Power Corporation Ltd., New Delhi, for the purposes of the said clause.
In exercise of the powers conferred by clause (iib) of the proviso to section 193 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the “14%—Secured Non-convertible Bonds” issued by the Neyveli Lignite Corporation Limited, Neyveli, Tamil Nadu, for the purposes of the said clause.
That the said Association will apply to the Central Board of Direct Taxes, Ministry of Finance (Department of Revenue), New Delhi, three months in advance before the expiry of the approval for further extension. Applications received after the date of expiry of approval are liable to be rejected.
That the said Institute will submit to the prescribed authority by 30th June, each year, a copy of their audited annual accounts showing their total income and expenditure and balance-sheet showing its assets and liabilities with a copy of each of these documents to the concerned Commissioner of Income-tax.
In exercise of the powers conferred by clause (iib) of the proviso to section 193 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the “14% Secured Redeemable Non-convertible Bonds—-1986, ‘A’ Series” issued by the Indian Telephone Industries Limited, Bangalore, for the purposes of the said clause.
