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Notification: 11265
Section(s) Referred: s. 10(15)(iv)
Statute: INCOME TAX
Date of Issue: 14/3/2000
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 of the National Housing Bank-Swarn Jayanti Rural Housing Finance, 1999-2000 (Third Series) of rupees one lakh each carrying an interest of 8.5% per annum for a period of seven years for an amount of rupees one hundred fifty crores only bearing distinctive members from C-00001 to C-15,000 issued during 1999-2000 by the National Housing Bank for the purpose of the said section :
Provided that the benefit under the said section shall be admissible only if the holder of such bonds registers his or her name and the holding with the said Bank.
[F. No. 178/81/99-ITA-I]
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