Section(s) Referred: 10 ,10(23D)
Statute: INCOME TAX
Date of Issue: 24/2/1993
In exercise of the powers conferred by clause (23D) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies BOB Mutual Fund set up by the Bank of Baroda, being a corresponding new bank under column 2 of the First Schedule to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), as a Mutual Fund of public sector banks for the purpose of the said clause.
(Sd.) Y. K. Batra, Under Secretary to the Government of India.
[No. 9224/F. No.133/11/93-TPL