Sponsored
Notification No. 7/2005, Dated 20-1-2005
S.O. 68(E).—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 the following Taxfree bonds issued by M/s. North Eastern Electric Power Corporation Ltd. (NEEPCO), Shillong during the financial year 2001-2002 and 2002-2003, for the purpose of the said item :—
| Nomeenclature of the Bonds | Issue amount (Rupees crores) | Face value of each bond (Rupees Lakh) | Interest rate | Maturity period | Distinctive numbers |
| 9.00% Secured Non-Convertible Redeemable Taxfree Bonds 2001 -02 (VII Issue) | 15.00 | 10 | 9.00% per annum | 10 years | H 0000001 to H 0000150 |
| 9 85% Secured Non-Convertible Redeemable Taxfree Bonds 2001-02 (VII Issue) | 18.30 | 5 | 9.85% per annum | 10 years | I 0000001 to H 0000366 |
| 7.90% Secured Non-Convertible Redeemable Taxfree Bonds 2002-03 (VIII Issue) | 95.00 | 10 | 7.90% per annum | 7 years | J 0000001 to J 0000950 |
Provided that the benefit under the said item shall be admissible only if the holder of such bonds registers his/her name and the holding with the said Corporation.
[F. No. 178/13/2003-ITA. I]
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
