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Notification: 233(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 Indus trial Credit and Investment Corporation of India Limited, Mumbai, in its public issue of Safety Bonds–August, 1999, for the purpose of the said clause :
ICICI SAFETY BONDS–AUGUST, 1999 Allotment details ——- Face value of Distinctive numbers each bond From To Amount (Rs.) ——- 1. Encash bonds Rs. 5,000 1 17105 8,50,75,000
2. Tax saving bonds
Option-I Rs. 5,000 1 81640 40,82,00,000 Option-II Rs. 5,000 1 36099 18,04,95,000 Option-III Rs. 5,000 1 53138 26,56,90,000 Option-IV Rs. 5,000 1 31440 15,72,00,000 Option-V Rs. 5,000 1 7184 3,59,20,000
3. Regular income bonds :
Option-I Rs. 5,000 1 16541 8,27,05,000 Option-II Rs. 5,000 1 11757 5,87,85,000 Option-III Rs. 5,000 1 282891
1,41,44,55,000 ——-
[Notification No. 63/2001/F. No. 178/46/2000-ITA-I]
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