c
Notification: S. O. 507(E)
Section(s) Referred: s. 80L(1)(ii)
Statute: INCOME TAX
Date of Issue: 28/6/1999
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 debentures, in the nature of bonds, namely:—

(i) the Industrial Development Bank of India Regular Income Bond bearing distinctive numbers BRI-1000001 to 3222046 of the face value of rupees five thousand each ;
(ii) the Industrial Development Bank of India Growing Interest Bond bearing distinctive numbers BGI-50001 to 170219 of the face value of rupees five thousand each ;
(iii) the Industrial Development Bank of India Multi Option Bond bearing distinctive numbers BMO-00001 to 43021 of the face value of rupees five thousand each ; and
(iv) the Industrial Development Bank of India Infrastructure (Tax-saving) Bonds bearing distinctive numbers BIF-200001 to 814714 of the face value of rupees five thousand each,
issued by the Industrial Development Bank of India, Mumbai, in its public issue of bonds in Flexi-bond-5 Series, for the purpose of the said clause.
[Notification No. 10976/F. No. 178/16/99-ITA-I]

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Telegram

taxguru on telegram TELEGRAM GROUP LINK

More Under Income Tax

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Posts by Date

January 2022
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31