Section(s) Referred: 80L ,80L(1) ,80L(1)(ii)
Statute: INCOME TAX
Date of Issue: 22/2/1988
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 following debentures for the purpose of the said clause, namely : —
” 3-year 9 per cent.—HUDCO Capital Gains Debenture ” issued by the Housing & Urban Development Corporation Limited.
[F. No. 328/152/87-WT