Section(s) Referred: 10 ,10(15) ,10(15)(iv)
Statute: INCOME TAX
Date of Issue: 10/8/1992
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) Redeemable Non-convertible Railway Bonds of Rs. 1,000 each for cash at par (Sixth Series), issued by the Indian Railway Finance Corporation Limited 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.
(Sd.) S. K. Gupta, Under Secretary to the Government of India.
[No. 9067/F. No. 328A/3/91-WT