Section(s) Referred: 10 ,10(15) ,10(15)(iv)
Statute: INCOME TAX
Date of Issue: 29/8/1995
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 9.25% (Tax-free) HUDCO Bonds (Series IV-A) bearing distinctive numbers from 94000001 to 95740000 of Rs. 1,000 each aggregating to an amount of Rs. 174 crores (Rupees one hundred seventy four crores only) issued by the Housing and Urban Development Corporation Limited, 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/her name and the holding with the said Corporation.
[Notification No. 9849/F. No. 178/43/95-ITA-I]