Notification: 11144
Section(s) Referred: s. 80L(1)(ii)
Statute: INCOME TAX
Date of Issue: 26/11/1999
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 the bonds in the nature of debentures, detailed below, issued by the Industrial Credit and Investment Corporation of India Limited, Mumbai, in its public issue of Safety Bonds–December, 1998, for the purpose of the said clause :
——- Name of the Bonds Face value of Distinctive Amount each bond Numbers raised —- (Rs.) From To (Rs.) ——- Encash Bond 5,000 1 36745 18,37,25,000 Tax Saving Bond-I 5,000 1 95020 47,51,00,000 Tax Saving Bond-II 5,000 1 48250 24,12,50,000 Tax Saving Bond-III 5,000 1 94153 47,07,65,000 Tax Saving Bond-IV 5,000 1 8946 4,47,30,000 Regular Income Bond-I 5,000 1 37643 18,82,15,000 Regular Income Bond-II 5,000 1 61099 30,54,95,000 Regular Income Bond-III 5,000 1 169637 84,81,85,000 ——-
[F. No. 178/23/99-ITA-I]
