Notification No.S.O.1754 – 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 “11.5 per cent. IDBI Bonds, 2009 (Fifty-second Series)”, issued by the Industrial Development Bank of India, Bombay, for the purposes of the said clause
Provided that the benefit under the said proviso shall be admissible in the case of transfer of such bonds, by endorsement or delivery, only if the transferee informs the Industrial Finance Corporation of India or the Reserve Bank of India (Managers incharge for the issue and management of IFCI bonds) by registered post within a period of sixty days of such transfer.
In exercise of the powers conferred by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Gaudiya Mission, Calcutta, for the purpose of the said sub-clause for the assessment years 1987-88 to 1989-90.