Central Board of Direct Taxes specifies the debentures, in the nature of bonds issued from 27th July, 1999 to 19th Aug., 1999 by the Industrial Development Bank of India, Mumbai u/s 80L - 11266 - Income Tax

Central Board of Direct Taxes specifies the debentures, in the nature of bonds issued from 27th July, 1999 to 19th Aug., 1999 by the Industrial Development Bank of India, Mumbai u/s 80L NOTIFICATION NO. 11266 DATED 14-3-2000 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 Board of Direct Taxes hereby specifies the debentures, in the nature of bonds, namely : ( i ) the Industrial Development Bank of India Regular Income Bond bearing distinctive numbers from 000001 to 2448263 of the face value of rupees five thousand each ; ( ii ) the Industrial Development Bank of India Growing Interest Bond bearing distinctive numbers from 2500001 to 2923034 of the face value of rupees five thousand each; ( iii ) the Industrial Development Bank of India Retirement Bond bearing distinctive numbers from 3000001 to 3009257 of the face value of rupees five thousand each; and issued from 27th July, 1999 to 19th Aug., 1999 by the Industrial Development Bank of India, Mumbai, a Corporation established under section 3 of the Industrial Development Bank of India Act, 1964 (10 of 1964) in its public issue of bonds in Flexibonds-7 series, for the purposes of the said clause. [F. No. 178/11/2000-ITA-I]