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Notification: S.O.650(E)
Section(s) Referred: 10 ,10(15) ,10(15)(iv)
Statute: INCOME TAX
Date of Issue: 20/7/1995
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 specified 10.5 per cent, tax-free Konkan Railway bonds of the second series bearing distinctive numbers :–
2B 1 to 14,07,000 ; 2C 1 to 7,15,000 ; and
2D 1 to 10,16,203
of an amount of rupees three hundred thirteen crores, eighty-two lakhs and three thousand only to be issued by the Konkan Railway Corporation Limited for the purpose of the said item :
Provided that the benefit under the said item shall be admissible only if the holder of such bonds registers his name and his holdings with the said corporation.
[Notification No. 9821/F. No. 178/2/95-ITA-I
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