138E : Notification: S.O.138(E) Date of Issue: 27/2/1991
Notification No.
138E
Notification Date
27/02/1991
Upload Date
27/02/1991
Notification: S.O.138(E)
Section(s) Referred: 80L ,80L(1) ,80L(1)(ii)
Statute: INCOME TAX
Date of Issue: 27/2/1991
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 " 7-year 13% (taxable) Secured Redeemable Non-Convertible NLC Bonds (F-Series) ", issued by the Neyveli Lignite Corporation Limited, for the purpose of the said clause :
Provided that the benefit under the said proviso shall be admissible in the case of transfer of such bonds, by endorsement or delivery, only if the transferee informs the said Corporation by registered post within a period of sixty days of such transfer.
[No. 8835/F. No. 328/93/90-WT.