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Notification: S.O. 68(E)
Section(s) Referred: 80L ,80L(1) ,80L(1)(ii)
Statute: INCOME TAX
Date of Issue: 20/1/1998
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 the 5-year 17 per cent. Secured, Redeemable, Non-Convertible Bonds (Taxable) (L-series) of Rs. 1,000 each for an amount of Rs. 56,35,00,000 bearing distinctive numbers from 120000001 to 120563500 and 7-year 16 per cent. Secured, Redeemable, Non-Convertible Bonds (Taxable) (L-series) of Rs. 1,000 each for an amount of Rs. 63,30,00,000 bearing distinctive numbers from 120563501 to 121196500 aggregating for an amount of rupees one hundred nineteen crores and sixty-five lakhs only issued by the National Hydroelectric Power Corporation Limited, for the purpose of the said clause.
[Notification No. 10516/F. No. 178/19/97-ITA-I
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