Notification: 11143
Section(s) Referred: s. 80L(1)(ii)
Statute: INCOME TAX
Date of Issue: 26/11/1999
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 bonds in the nature of debentures, detailed below, issued by the Industrial Credit and Investment Corporation of India Limited, Mumbai, in its public issue of Safety Bonds–October, 1998, for the purpose of the said clause :
——- Name of the Bonds Face value of Distinctive Amount each bond Numbers raised —– (Rs.) From To (Rs.) ——- Encash Bond 5,000 1 51794 25,89,70,000 Tax Saving Bond-I 5,000 1 108406 54,20,30,000 Tax Saving Bond-II 5,000 1 51786 25,89,30,000 Tax Saving Bond-III 5,000 1 80005 40,00,25,000 Tax Saving Bond-IV 5,000 1 20294 10,14,70,000 Regular Income Bond-I 5,000 1 51544 25,77,20,000 Regular Income Bond-II 5,000 1 30726 15,36,30,000 Regular Income Bond-III 5,000 1 380851 190,42,55,000 ——-
[F. No. 178/23/99-ITA-I]
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