11141 : Notification: 11141 Date of Issue: 26/11/1999

Notification: 11141 Date of Issue: 26/11/1999

Notification: 11141

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---July, 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 57747 28,87,35,000 Regular Income Bond-II 5,000 1 142448 72,22,40,000 Regular Income Bond-III 5,000 1 574274 287,13,70,000 Tax Saving Bond-I 5,000 1 43258 21,62,90,000 Tax Saving Bonds-II 5,000 1 12464 6,23,20,000 Tax Saving Bond-III 5,000 1 12049 6,02,45,000 ------

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