Section(s) Referred: 80L ,80L(1) ,80L(1)(ii)
Statute: INCOME TAX
Date of Issue: 24/11/1994
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 specifies the XIth Series Issue, Seven Years–15.5 per cent. (Taxable) Secured Redeemable Bonds allotted on 26-2-1994 bearing distinctive numbers from K00000001 to K00022600 of Rs. 1,000 each aggregating for an amount of Rs. 2.26 crores (rupees two crores and twenty-six lakhs only) and XIth Series Issue, Seven Years–14 per cent. (Taxable) Secured Redeemable Bonds allotted on 24-3-1994 bearing distinctive numbers from K00022601 to O1285000 of Rs. 1,000 each aggregating to an amount of Rs. 126.24 crores (rupees one hundred twenty-six crores and twenty-four lakhs only) issued by the National Thermal Power Corporation Limited, New Delhi, for the purpose of the said clause.
[Notification No. 9650/F. No. 178/34/94-ITA-I