Notification No. : 330
Date of Issue : 28/10/2002
Section(s) Referred : s. 10(15)
Notification No. 330 of 2002, dt. 28th Oct., 2002
In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies tax free bonds cumulative Tax-free bonds redeemable after 15 years, with a put/call option at the end of 7th, 8th, 9th, 10th, 11th, 12th, 13th and 14th year, carrying an interest of 8.25 per cent per annum of rupees one lakh each for a total amount of rupees sixty crores bearing distinctive numbers from Q10T1500001 to Q10TI506000 issued by the Nuclear Power Corporation of India Limited, during the Financial year 2000-2001 for the purpose of the said item:
Provided that the benefit under the said item shall be admissible only if the holder of such bonds registers his/its name and the holding with the said company.
[F.No. 178/11/2002-ITA-I]
