Central Government specifies the debentures or bonds, as the case may be, issued by the Industrial Credit and Investment Corporation of India Limited, Bombay u/s 193(iib) - S.O.2990 - Income Tax

Central Government specifies the debentures or bonds, as the case may be, issued by the Industrial Credit and Investment Corporation of India Limited, Bombay u/s 193(iib) NOTIFICATION NO. S.O.2990 DATED 28-8-1988 In exercise of the powers conferred by clause (iib) of the proviso to section 193 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the debentures or bonds, as the case may be, issued by the Industrial Credit and Investment Corporation of India Limited, Bombay, as listed in the Table hereto annexed, 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 debentures or bonds, by endorsement or delivery, only if the transferee informs the Industrial Credit and Investment Corporation of India Limited by registered post within a period of sixty days. TABLE Month of issue Description of debentures or bonds (1) (2) 1. August, 1975 6.25% Debentures (1990) 2. May, 1976 6.25% Debentures (1991) 3. September, 1976 6.25% Debentures (1992) 4. May, 1977 6.25% Debentures (1993) 5. January, 1978 6.50% Debentures (1998) 6. June, 1978 6.50% Debentures (1998) 7. January, 1979 6.50% Bonds (1999) 8. August, 1979 6.75% Bonds (1999) 9. January, 1980 6.75% Bonds (2000) 10. June, 1980 7.25% Bonds (2000) 11. January, 1981 7.25% Bonds (2001) 12. March, 1981 7.25% Bonds (2001) 13. June, 1981 7.50% Bonds (2001) 14. November, 1981 7.50% Bonds (2001) 15. March, 1982 7.50% Bonds (2002) 16. June, 1982 7.75% Bonds (2002) 17. February, 1983 7.50% Bonds (1998) 18. July, 1983 8.75% Bonds (2000) 19. January, 1984 8.75% Bonds (2001) 20. July, 1984 9.00% Bonds (1999) 21. January, 1985 9.00% Bonds (2000) 22. June, 1985 9.75% Bonds (1998) 23. November, 1985 9.75% Bonds (1998) 24. June, 1986 11.00% Bonds (2001) 25. September, 1986 11.00% Bonds (2001) 26. February, 1987 11.00% Bonds (2002) 27. June, 1987 11.00% Bonds (2002) 28. October, 1987 11.00% Bonds (2002) 29. 1 [ February, 1988 ] 11.00% Bonds (2003) [No. 8088/F. No. 275/99/88-IT(B)] ******* Notes 1. Corrected vide Notification Number: 1514 Dated 07/06/1989 before it was read as June, 1988