Notification No. S.O.203(E)-Income Tax, Dated: 23.02.1988

Notification: S.O.203(E)

Section(s) Referred: 10 ,10(15) ,10(15)(iv)

Statute: INCOME TAX

Date of Issue: 23/2/1988

In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the ” 10-year–9% (Tax-free) Secured Redeemable REC Bonds (15th Series), 1997 “, issued by the Rural Electrification Corporation Limited, for the purpose of the said clause :

Provided that the benefit under the said item shall be admissible only if the holder of such bonds registers his name and holding with the said Corporation.

[F. No. 328/22/88-WT