Section(s) Referred: 80L ,80L(1) ,80L(1)(ii)
Statute: INCOME TAX
Date of Issue: 30/6/1987
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 “3 Years–9 per cent. IDBI Capital Bonds” issued by the Industrial Development Bank of India for the purpose of the said clause.
[No. 7387/F. No. 178/149/86-IT (AI)