Section(s) Referred: 10 ,10(15) ,10(15)(iv)
Statute: INCOME TAX
Date of Issue: 23/11/1993
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% per cent. (tax-free) Secured Redeemable Non-convertible Bonds (G Series bearing distinctive numbers 71900001 to 71970000 aggregating an amount of rupees seven crores) of Rs. 1,000 each, issued by the National Hydroelectric Power 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 name and his holding with the said Corporation.
[Notification No. 9416/F. No. 178/120/92-ITA.I