Section(s) Referred: 10 ,10(15) ,10(15)(iv)
Statute: INCOME TAX
Date of Issue: 28/3/1988
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) Secured Redeemable Non-Convertible Bonds (2nd issue)”, issued by the Mahanagar Telephone Nigam Limited, New Delhi, 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 the holding with the said Corporation.
(Sd.) Roshan Sahay, Under Secretary to the Govt. of India. No. 7834 dt. 30-3-88/F. No. 328/31/88-W