Section(s) Referred: 10 ,10(15) ,10(15)(iv)
Statute: INCOME TAX
Date of Issue: 23/7/1987
In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies ” 10% Secured Redeemable NTPC Bonds, 1986–First Series ” issued by the National Thermal Power Corporation Limited, New Delhi, for the purpose of the said item :
Provided that the benefit under the said item shall be admissible only if the holder of such bonds registers his name and the holding with the said Corporation.
[No. 7439 (F. No. 178/19/87-IT(A-1))