Section(s) Referred: 80L ,80L(1) ,80L(1)(ii)
Statute: INCOME TAX
Date of Issue: 14/6/1995
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 the 7-years 13 per cent. (taxable) Secured Redeemable Non-Convertible J-Series Bonds bearing distinctive numbers 101000001 to 101500000 of Rs. 1000 each aggregating an amount of Rs. 50 crores (rupees fifty crores only) and 7-years 13.25 per cent (taxable) Secured Redeemable Non-Convertible Bonds bearing distinctive numbers from 101500001 to 103050000 of Rs. 1000 each aggregating an amount of Rs. 155 crores (rupees one hundred fifty-five crores only) issued by the National Hydroelectric Power Corporation Limited, for the purpose of the said clause.
[Notification No. 9788/F. No. 178/3/95-ITA-I