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The matter was examined again and accordingly it is decided to withdraw the Policy Circular No. 7 dated 4.11.04 with immediate effect. It is also reiterated that any advance licence issued with three months export obligation period as per the policy Circular No. 7 dated 4.11.04 stands automatically extended to six months in accordance with the Public Notice No. 6 and the Policy Circular No. 1 both dated 17.09.04.
Notification No. 5/2005 – Income Tax S.O. 61(F).—In exercise of the powers conferred by clause (ii b) of the proviso to Section 193 of the Income Tax Act. 1961 (43 of 1961). the Central Government hereby specifies the “IDBI Flexibonds 2004-2005” issued by Industrial Development Bank of India Limited for the purpose of