Central Government specifies " 7 Year 13% (Taxable) Secured Redeemable Non-Convertible Bonds (Series-I) ", issued by the Nuclear Power Corporation of India Limited u/s 80L(1)(ii) - S.O.309(E) - Income Tax

Central Government specifies " 7 Year 13% (Taxable) Secured Redeemable Non-Convertible Bonds (Series-I) ", issued by the Nuclear Power Corporation of India Limited u/s 80L(1)(ii) NOTIFICATION NO. S.O.309(E) DATED 28-3-1988 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 Bonds (Series-I) ", issued by the Nuclear Power Corporation of India Limited, for the purpose of the said clause : Provided that the benefit under the said clause 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. (Sd.) Roshan Sahay, Under Secretary to the Government of India. [No. 7832/dt. 30-3-88]/F. No. 328/132/87-W]