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Notification: S. O. 152(E)
Section(s) Referred: s. 10(15)(iv)
Statute: INCOME TAX
Date of Issue: 9/3/1999
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 7-years 10.5% Tax-free (2004-VIIth Series) Secured Redeemable Bonds of Rs. 20,000 each for an amount of Rs. 305 crores (rupees three hundred five crores only) bearing distinctive numbers from 1 to 152500 issued by the Power Finance Corporation Limited, 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/her name and the holding with the said Corporation.
[Notification No. 10822/F. No. 178/23/97-ITA-I]
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