Notification No. :113
Date of Issue :17/5/2002
Section(s) Referred : s. 80L(1)(ii)
[Notification No. S.O. 529(E), dated 17th May, 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 Board of Direct Taxes hereby specifies the following debentures, in the nature of bonds, namely:–
(i) the Industrial Development Bank of India Regular Income Bond bearing distinctive numbers from 2000001 to 2027808 under Option A, from 2027925 to 2030484 under Option B, from 2030485 to 2124943 under Option C and from 2125838 to 2126755 under Option D of the face value of Rs. 5,000 each;
(ii) the Industrial Development Bank of India Growing Interest Bond bearing distinctive numbers from 2200001 to 2225071 of the face value of Rs. 5,000 each; and
(iii) the Industrial Development Bank of India Infrastructure (tax-saving) Bond bearing distinctive numbers from 2600001 to 2748659 under Option A, from 2750844 to 2758572 under Option B, from 2758776 to 2763818 under Option C and from 2763982 to 2877898 under Option D of the face value of Rs. 5,000 each, issued by the Industrial Development Bank of India, Mumbai, a corporation established under section 3 of the Industrial Development Bank of India Act, 1964 (10 of 1964) in its public issue of bonds in Flexibonds-II Series (2001-02), for the purposes of the said clause.
[Notification No. 113/2002/F.No. 178/12/2002-ITA-I]
