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Notification No. 386/2002-Income Tax Dated 10/12/2002

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Notification No. : 386

Date of Issue  :  10/12/2002

Section(s) Referred  :   s. 80L(1)

Notification No. 386 of 2002, dt 10th Dec., 2002

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, 2000, for the purpose of the said clause: 

Allotment Details                 No. of Bonds allotted                 Amount(Rs.)                        Distinctive Nos.
                                                                         From   To
1. Tax Saving Bonds
Option-I          3,81,721         1,90,86,05,000  1          381721
Option-II        2,29,488         1,14,74,40,000  1          229488
 
2. Regular Income Bonds
Option-I          11,343            5,67,15,000       1          11343
Option-II        7,158              3,57,90,000       1          7158
Option-III       86,455            43,22,75,000     1          86455
 
F.No. 178/25/2001-ITA-I]

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