Notification: S.O.589(E)
Section(s) Referred: 80L ,80L(1) ,80L(1)(ii)
Statute: INCOME TAX
Date of Issue: 20/8/1997
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 specified the 13.5 per cent–10 Year Industrial Reconstruction Bank of India Bonds (Taxable) (22nd Series) bearing distinctive numbers :–
(Rs.)
AD 000001 25,000
BL 000001 to 000007 1,83,00,000
BH 000001 to 000005 2,02,05,000
BY 000001 to 000038 42,37,70,000
CA 000001 to 000115 26,19,00,000
KN 000001 to 000009 27,00,000
MS 000001 to 000032 1,02,04,000
DH 000001 to 000614 1,28,20,000
TR 000001 to 000011 76,000
aggregating to an amount of Rs. 75 crores (rupees seventy-five crores only), issued by the then Industrial Reconstruction Bank of India now known as the Industrial Investment Bank of India Limited for the purpose of the said clause.
[Notification No. 10396/F. No. 178/85/93-ITA-I]
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