Section(s) Referred: 10 ,10(15) ,10(15)(iv)
Statute: INCOME TAX
Date of Issue: 27/5/1988
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 per cent. (tax free) Secured Redeemable Non-Convertible Bonds (C-series)”, issued by the National Hydroelectric Power Corporation Limted, 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 holding with the said Corporation.