Section(s) Referred: s. 115ACA(1)(a)
Statute: INCOME TAX
Date of Issue: 12/11/2001
Notification No. S.O. 1120(E), dated 12th November, 2001.
In exercise of the powers conferred by clause (a) of sub-section (1) of section 115ACA of the Income-tax Act, 1961 (43 of 1961), the Central Government specifies “the Issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme, 1993” notified, vide notification of the Government of India, Ministry of Finance, Department of Economic Affairs No. G.S.R. 700(E), dated the 12th November, 1993, as a scheme for the purpose of the said clause in respect of the assessment year 2001-2002 and subsequent assessment years.
(Sd.) Rahul Navin,
Under Secretary to the Government of India.
[Notification No. 348/2001/F. No. 142/60/2000-TPL]