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Central Government specifies "7-year 13% (taxable) Secured Redeemable Non-convertible Bonds (Private Placement)", issued by the Nuclear Power Corporation u/s 80L - S.O.666(E) - Income TaxExtract Central Government specifies "7-year 13% (taxable) Secured Redeemable Non-convertible Bonds (Private Placement)", issued by the Nuclear Power Corporation u/s 80L NOTIFICATION NO. S.O.666(E) DATED 23-8-1989 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 (Private Placement)", issued by the Nuclear Power Corporation 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.) N. K. Sangwan, Under Secretary to the Government of India. [No. 8433/F. No. 328/117/88-WT]
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