11140 : Notification: 11140 Date of Issue: 26/11/1999

Notification: 11140 Date of Issue: 26/11/1999

Notification: 11140

Section(s) Referred: s. 80L(1)(ii)

Statute: INCOME TAX

Date of Issue: 26/11/1999

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 bonds in the nature of debentures, detailed below, issued by the Industrial Credit and Investment Corporation of India Limited, Mumbai, in its public issue of Safety Bonds---April, 1998, for the purpose of the said clause :

------- Name of the Bonds Face value of Distinctive Amount raised each bond Numbers ------- (Rs.) From To (Rs). ------- Regular Income Bond-I 5,000 1 80422 40,21,10,000 Regular Income Bond-II 5,000 1 75412 37,70,60,000 Regular Income Bond-III 5,000 1 460501 230,25,05,000 Tax Saving Bond-I 5,000 1 63663 31,83,15,000 Tax Saving Bond-II 5,000 1 19655 9,82,75,000 -------

[F. No. 178/23/99-ITA-I]