Notification: S. O. 1014(E)
Section(s) Referred: s. 80L
Statute: INCOME TAX
Date of Issue: 27/11/1998
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 :
(i) the 5 years 13.25% ICICI Regular Income Bonds-I bearing distinctive numbers 1 to 74061 of the face value of rupees five thousand each;
(ii) the 5 years 13.50% ICICI Regular Income Bonds-II bearing distinctive numbers 1 to 189900 of the face value of rupees five thousand each; and
(iii) the 5 years 14% ICICI Regular Income Bonds-III bearing distinctive numbers 1 to 276357 of the face value of rupees five thousand each.
issued by the Industrial Credit and Investment Corporation of India Ltd., Mumbai, in its public issue of Safety Bonds for the purpose of the said clause.
[Notification No. 10748/F. No. 178/80/96-ITA-I]