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Notification: S. O. 155(E)
Section(s) Referred: s. 80L(1)(ii)
Statute: INCOME TAX
Date of Issue: 9/3/1999
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 :
(a) the 17% (Taxable) Secured Redeemable Non-convertible MTNL Bonds (12th Series) (Part A) bearing distinctive numbers from 1 to 200000 of rupees one thousand each of the aggregate value of rupees twenty crores only;
(b) the 17% (Taxable) Secured Redeemable Non-convertible MTNL Bonds (12th Series) (Part B) bearing distinctive numbers from 1 to 25500 of rupees one lakh each of the aggregate value of rupees two hundred fifty five crores only ; and
(c) the 17% (Taxable) Secured Redeemable Non-convertible MTNL Bonds (12th Series) (Part C) bearing distinctive numbers from 1 to 86051 of rupees one lakh each of the aggregate value of rupees eight hundred sixty crores and fifty one lakhs only;
issued by Mahanagar Telephone Nigam Limited, New Delhi, for the purpose of the said clause.
[Notification No. 10819/F. No. 178/61/96-ITA-I]
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