Notification: 231(E)
Section(s) Referred: s. 80L(ii)
Statute: INCOME TAX
Date of Issue: 16/3/2001
In exercise of the powers conferred by clause (ii) 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—May, 1999, for the purpose of the said clause :
ICICI SAFETY BONDS-MAY, 1999 Allotment details ——- Face value of Distinctive numbers each bond From To Amount (Rs.) ——- 1. Encash bonds Rs. 5,000 1 19447 9,72,35,000 2. Tax saving bonds :
Option-I Rs. 5,000 1 9671 4,83,55,000 Option-II Rs. 5,000 1 31201 15,60,05,000 3. Regular income bonds :
Option-I Rs. 5,000 1 24349 12,17,45,000 Option-II Rs. 5,000 1 16204 8,10,20,000 Option-III Rs. 5,000 1 153474 76,73,70,000 Option-IV Rs. 5,000 1 344861 1,72,43,05,000 ——-
[Notification No. 61/2001/F. No. 178/46/2000-ITA-I]
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