Notification No : 326
Date of Issue : 28/11/2003
Notification No : 326 Date of Issue : 28/11/2003
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 following debentures, in the nature of bonds, namely:-
BONDS HELD IN PHYSICAL FORM
(i) The Industrial Development Bank of India Regular Income Bond (2002D) of 14th Series bearing distinctive numbers from 141000001 to 141081642 under option A, distinctive numbers from 141115921 to 141124946 under Option B, distinctive numbers from 141125010 to 141129964 under Option C distinctive numbers from 141129965 to 141273004 under Option D distinctive numbers from 141361248 to 141364506 under Option E distinctive numbers from 141384540 to 141386881 under Option F;
(ii) The Industrial Development Bank of India Retirement Bond (2002D) of 14th Series bearing distinctive numbers from 143000001 to 143003204 under option A, distinctive numbers from 143003205 to 143004805 under Option B;
(iii) The Industrial Development Bank of India Growing Interest Bond (2002D) of 14th Series bearing distinctive numbers from 144000001 to 144010013 of the face value of Rs.5,000/- each;
BONDS HELD IN DEMAT FORM
(i) The Industrial Development Bank of India Regular Income Bond(2002D) of 14th Series bearing distinctive numbers from 141081643 to 141115920 under option A, distinctive numbers from 141124947 to 141125009 under Option B, distinctive numbers from 141273005 to 141361247 under Option D distinctive numbers from 141364507 to 141384539 under Option E; and
(ii) The Industrial Development Bank of India Growing Interest Bond (2002D) of 14th Series bearing distinctive numbers from 144010014 to 144154102 of the face value of Rs.5, 000/- each
issued by the Industrial Development Bank of India, Mumbai, a corporation established under section 3 of the Industrial Development Bank of India Act, 1964 (10 of 1964) in its public issue of bonds in Flexibonds-14th series, for the purposes of the said clause.
F.N0.178/46/2003-ITA.1
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