Central Board of Direct Taxes specifies the various bonds as long-term specified securities u/s 54EA - S.O. 883(E) - Income Tax

MINISTRY OF FINANCE (Department of Revenue) (Central Board of Direct Taxes) NOTIFICATION No. 10248 New Delhi, the 19th December, 1996 (Income-tax) S.O. 883(E).- In exercise of the powers conferred by sub-section (1) of section 54EA of the Income-tax Act, 1961 (43 of 1961) , the Central Board of Direct Taxes hereby specifies the following bonds, and units for the purposes of the said section, namely ;- 1. all bonds redeemable after a period of three years, issued or to be issued by the Housing and Urban Development Corporation Limited, New Delhi; 2. all units, repurchasable after a period of three years, issued or to be issued by any mutual fund (including the Unit Trust of India) referred to in clause (23D) of section 10 of the Income-tax Act, 1961. [F. No. 142/58/96-TPL] JAI RAJ KAJLA, Under Secy.