Section(s) Referred: 80L ,80L(1) ,80L(1)(ii)
Statute: INCOME TAX
Date of Issue: 22/9/1983
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 7.50 per cent—15 years IRCI Bonds for Rs. 5 crores issued by the Industrials Reconstruction Corporation of India Ltd., in March, 1983, for the purposes of the said clause.
[No. 5409/F. No. 178/37/83—IT(AI)]