Notification No : 379
Date of Issue : 10/12/2002
Section(s) Referred : s. 10(15)
Notification No. 379 of 2002, dt. 10th Dec., 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 “9.50% Tax Free Bonds” bearing distinctive numbers from 1 to 24000, of rupees one lakh each, issued by National Textile Corporation Limited and carrying an interest of 9.50 per cent per annum, for a period of 5 years, for a total amount of rupees 240 crores:
Provided that the benefit under the said section shall be admissible only if the holder of such bonds registers his/her name and the holding with the said Corporation.
[F. NO. 178/40/2002-ITA-I]