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Notification: 232(E)
Section(s) Referred: s. 80L(ii)
Statute: INCOME TAX
Date of Issue: 16/3/2001
In exercise of the powers conferred by clause (ii) 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–July, 1999, for the purpose of the said clause :
ICICI SAFETY BONDS-JULY, 1999 Allotment details ——- Face value of Distinctive numbers each bond From To Amount (Rs.) ——- 1. Encash bonds Rs. 5,000 1 26896 13,44,80,000 2. Tax saving bonds :
Option-I Rs. 5,000 1 133201 66,60,05,000 Option-II Rs. 5,000 1 50690 25,34,50,000 Option-III Rs. 5,000 1 119957 59,97,85,000 Option-IV Rs. 5,000 1 37563 18,78,15,000 Option-V Rs. 5,000 1 21888 10,94,40,000
3. Regular income bonds :
Option-I Rs. 5,000 1 24501 12,25,05,000 Option-II Rs. 5,000 1 25982 12,99,10,000 Option-III Rs. 5,000 1 261771 1,30,88,55,000 Option-IV Rs. 5,000 1 86504 43,25,20,000 ——-
[Notification No. 62/2001/F. No. 178/46/2000-ITA-I]
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