Notification: 11145
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—January, 1999, for the purpose of the said clause :
——- Name of the Bonds Face value of Distinctive Amount each bond Numbers raised —– (Rs.) From To (Rs.) ——- Easy Instalment Bond 10,000 1 3770 3,77,00,000 Encash Bond 5,000 1 49005 24,50,25,000 Tax Saving Bond-I 5,000 1 184423 92,21,15,000 Tax Saving Bond-II 5,000 1 102664 51,33,20,000 Tax Saving Bond-III 5,000 1 130641 65,32,05,000 Regular Income Bond-I 5,000 1 77717 38,85,85,000 Regular Income Bond-II 5,000 1 36251 18,12,55,000 Regular Income Bond-III 5,000 1 90227 45,11,35,000 Regular Income Bond-IV 5,000 1 203090 101,54,50,000 ——-
[F. No. 178/23/99-ITA-I]
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