NOTIFICATION NO. 25/2005, DATED 2-2-2005
S.O.121 (E).—In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of Section 10 of the Income-tax Act; 1961 (43 of 1961), the Central Government hereby specifies “5.15% Housing and Urban Development Corporation Limited Tax free Bonds Series-XXXIV” aggregating rupees fifty crores, having a face value of rupees ten lakhs each and carrying interest rate of 5.15% per annum for a period of 10 years from the date of allotment, bearing distinctive numbers from 001 to 500, issued by M/s. Housing and Urban Development Corporation Limited, New Delhi, during the financial year 2003-04, for the purpose of the said item:
Provided that the benefit under the said item shall be admissible only if the holder of such bonds registers his or her name and the holding with the said Corporation.