Section(s) Referred: 10 ,10(15) ,10(15)(iv)
Statute: INCOME TAX
Date of Issue: 5/9/1989
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-year 9% (tax-free) HUDCO’s Public Sector Shelter Bonds (Series-III)”, issued by the Housing and Urban Development Corporation, 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 holding with the said Corporation.
(Sd.) Nutan Sharma, Under Secretary to the Government of India.
[No. 8443/F. No. 328/63/89-WT