Notification: 11146
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—March, 1999, 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 46503 23,25,15,000 Tax Saving Bond-I 5,000 1 205074 102,53,70,000 Tax Saving Bond-II 5,000 1 83824 41,91,20,000 Tax Saving Bond-III 5,000 1 15631 7,81,55,000 Tax Saving Bond-IV 5,000 1 49589 24,79,45,000 Tax Saving Bond-V 5,000 1 118484 59,24,20,000 Regular Income Bond-I 5,000 1 36741 18,37,05,000 Regular Income Bond-II 5,000 1 31903 15,95,15,000 Regular Income Bond-III 5,000 1 82714 41,35,70,000 Regular Income Bond-IV 5,000 1 152830 76,41,50,000 ——–
[F. No. 178/23/99-ITA-I]
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