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Notification: 10975
Section(s) Referred: s. 10(15)(iv)
Statute: INCOME TAX
Date of Issue: 28/6/1999
In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the IT, 1961 (43 of 1961), the Central Government hereby specifies the Nuclear Power Corporation of India Limited Tax-free Bonds (Series-XII) carrying an interest of 10.5% per annum for financial year 1999-99 of rupees one lakh each for an amount of rupees one hundred twenty-five crores only bearing distinctive numbers from M11 T 1500001 to M11 T 1512500 issued by the Nuclear Power Corporation of India 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 name and the holding with the said Corporation
[F.No. 178/25/99-ITA-I]
                                                                 

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