Section(s) Referred: 54E ,54E(1) ,54E(1)(d)
Statute: INCOME TAX
Date of Issue: 15/7/1987
In exercise of the powers conferred by clause (d) of Explanation 1 to sub-section (1) of section 54E of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the ” 3-year HUDCO Capital Gains Debentures ” issued by the Housing & Urban Development Corporation Limited, for the purposes of the said clause.
[F. No. 207/7/86-IT. A-II