Notification No. 48/2005, Dated 11-2-2005
S.O. 194(E).—In exercise of the powers conferred by clause (ii) of Sub-section (1) of Section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the following debentures, in the nature of bonds, namly:—
(i) the Industrial Development Bank of India Regular Income Bond bearing distinctive numbers from 1 to 1961, of the face value of Rupees 10,000/- each; and
(ii) the Industrial Development Bank of India Floating Rate Bond bearing distinctive numbers from 1692 to 1851, of the face value of Rupees 10,000/-each, issued by the Industrial Development Bank of India, Mumbai, a corporation established under section 3 of the Industrial Development Bank of India Act, 1964 (10 of 1964) in its public issue of bonds in Flexibonds 2-A Series, for the purpose of the clause.
[F. No. 178/14/2001-ITA-I]
