TMI BlogCentral Government specifies the debentures issued by the State Electricity Boards, the Agro Industries Corporations, Housing Boards (for rural housing), Co-operative Processing and Marketing Societies and other approved States sponsored institutions during 1-4-76 to 31-12-76 u/s 80LX X X X Extracts X X X X X X X X Extracts X X X X ..... ifies the debentures issued by the State Electricity Boards, the Agro Industries Corporations, Housing Boards (for rural housing), Co-operative Processing and Marketing Societies and other approved States sponsored institutions during 1-4-76 to 31-12-76 u/s 80L NOTIFICATION NO. S.O.2701 DATED 7-6-1979 In exercise of the powers conferred by clause ( ii ) of sub-section (1) of sectio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to individuals including tow or more individuals jointly ; ( iii ) they are issued subject to the condition that they cannot be transferred to any person other than those mentioned in clause ( ii ) ; ( iv ) they carry interest at a rate not exceeding 12 per cent. per annum. [No. 2853 /F. No. 178/18/78-IT(AI)] - Notification Tax Management India - taxmanagementindia - taxmanagement - t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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