Section(s) Referred: 10 ,10(15) ,10(15)(iv)
Statute: INCOME TAX
Date of Issue: 28/10/1992
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 the 10-year 9 per cent. (Tax-free) Secured Redeemable Non-Convertible Bonds-VIII Issue issued by the National Thermal Power 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.
This notification shall take effect for the assessment year commencing on the 1st day of April, 1992, and subsequent assessment years.
(Sd.) S. K. Gupta, Under Secretary to the Government of India.
[No. 9116/F. No. 328A/9/92-WT]