Notification No. : 89
Date of Issue : 15/4/2002
Section(s) Referred : s. 10(15)(iv)(h)
[Notification No. 89 of 2002, dt. 15th April, 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 tax-free bonds of the North Eastern Electric Power Corporation Limited, 1997-98 (Series-IV) of rupees one lakh each carrying an interest of 9.25% per annum for a period of seven years for an amount of rupees two hundred and fifty crores only bearing distinctive numbers from E-0000001 to E0002050 issued during 1997-98 by the North Eastern Electric Power Corporation for the purpose of the said section:
Provided that the benefit under, the said item shall be admissible only if the holder of such bonds registers his name and the holding with the said company.
[F.No. 178/12/2000-ITA-I]
