Section(s) Referred: s. 10(15)(iv)(h)
Statute: INCOME TAX
Date of Issue: 7/9/2000
In exercise of the powers conferred by sub-clause (h) of clause (iv) of sub-section (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies 10.5% tax free (8B Series), Konkan Railway Bonds hearing distinctive numbers from 1 to 10000 for an amount of rupees one hundred crores only issued by Konkan Railway Corporation Limited for the purpose of the said sub-clause :
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.
[Notification No. 11479/F. No. 178/76/99-ITA-I]