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Notification: S. O. 1087(E)
Section(s) Referred: s. 10(15)
Statute: INCOME TAX
Date of Issue: 21/12/1998
In exercise of the powers conferred by sub-clause (h) of clause (iv) of sub-section (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies 10.5% tax-free (7A-Series) Konkan Railway Bonds bearing distinctive numbers 1 to 11,40,000 for an amount of rupees one hundred fourteen crores only issued by Konkan Railway Corporation Limited for the purpose of the said sub-clause :
Provided that the benefit under the said sub-clause shall be admissible only if the holder of such bonds registers his/her name and the holding with the said Corporation.
[Notification No. 10751/F. No. 178/93/98-ITA-I]
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