Notification: S.O.18(E)
Section(s) Referred: 80L ,80L(1) ,80L(1)(ii)
Date of Issue: 5/1/1993
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 MTNL 7-years 17 percent. (Taxable) Secured Redeemable Non-Convertible Telephone Bonds, 1992 (6th Series), issued by the Mahanagar Telephone Nigam Limited, New Delhi, for the purpose of the said clause.
Provided that the benefit under the said clause shall be admissible in the case of transfer of such bonds by endorsement or delivery, only if the transferee informs the said Nigam by registered post within a period of sixty days of such transfer.
This notification will apply for the assessment year 1992-93 and subsequent assessment years.
(Sd.) S. K. Gupta, Under Secretary to the Government of India.
[No. 9165/F. No. 328A/11/92-WT                                                          

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