Notification: 234
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-October, 1999, for the purpose of the said clause :
ICICI SAFETY BONDS–OCTOBER 1999 Allotment details ——- Face value of Distinctive numbers each bond From To Amount (Rs.) ——- 1. Encash bonds Rs. 5,000 1 13185 6,59,25,000
2. Tax saving bonds :
Option-I Rs. 5,000 1 136844 68,42,20,000 Option-II Rs. 5,000 1 67210 33,60,50,000 Option-III Rs. 5,000 1 49513 24,75,65,000 Option-IV Rs. 5,000 1 34887 17,44,35,000 Option-V Rs. 5,000 1 8566 4,28,30,000
3. Regular income bonds :
Option-I Rs. 5,000 1 22926 11,46,30,000 Option-II Rs. 5,000 1 16262 8,13,10,000 Option-III Rs. 5,000 1 323032 1,61,51,60,000 ——-
[Notification No. 64/2001/F. No. 178/46/2000-ITA-I]
