Notification: S.O.644(E)
Section(s) Referred: s. 80L(1)(ii)
Statute: INCOME TAX
Date of Issue: 5/7/2001
Notification No. S.O. 644(E), dated 5th July, 2001.
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 fallowing debentures, in the nature of bonds, namely:
(i) the Industrial Development Bank of India Regular Income Bond bearing distinctive numbers from 000001 to 724927 of the face value of rupees five thousand each;
(ii) the Industrial Development Bank of India Growing Interest bond bearing distinctive numbers from 2000001 to 2001788 of the face value of rupees five thousand each;
(iii) the Industrial Development Bank of India Floating Rate Bond bearing distinctive numbers from 2500001 to 2500189 of the face value of rupees five thousand each;
(iv) the Industrial Development Bank of India Infrastructure (tax-saving) Bond bearing distinctive numbers from 3000001 to 3420195 of the face value of rupees five thousand each, issued by the Industrial Development Bank of India, Mumbai, a Corporation established under section 3 of the Industrial Development Bank of India Act, 1964 (10 of 1964) in its public issue of bonds in Flexibonds-8 series, for the purposes of the said clause.
[Notification No. 204/2001/F. No. 178/91/2000-ITA-I]
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