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Notification: S.O. 69(E)
Section(s) Referred: 10 ,10(15) ,10(15)(iv) ,10(15)(iv)(h)
Statute: INCOME TAX
Date of Issue: 20/1/1998
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 7-year 10.5 per cent Secured, Redeemable, Non-Convertible Bonds (Tax-free) (L-series) of Rs. 1,000 each for an amount of Rs. 51,00,00,000 (Rupees fifty-one crores only) bearing distinctive number from 121196501 to 121706500 issued by the National Hydroelectric Power Corporation Limited for the purpose of the said item:
Provided that the benefit under the said item shall be admissible only if each holder of such bonds registers his/her name and the holding with the said corporation.
[Notification No. 10517/F. No. 178/19/97-ITA-I
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