Section(s) Referred: 80L ,80L(1) ,80L(1)(ii)
Statute: INCOME TAX
Date of Issue: 25/10/1986
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 :–
7-Year “14 per cent. secured Redeemable Non-convertible Bonds (13th series)” issued by Rural Electrification Corporation Limited.
[No. 6976/F. No. 178/28/86-IT(AI)