Central Government specifies the bonds in the nature of debentures issued by the Industrial Credit and Investment Corporation of India Limited, Mumbai - S.O. 1180(E) - Income Tax

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 11142 New Delhi, the 26th November, 1999 (INCOME-TAX) S.O. 1180(E) .-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 the bonds in the nature of debentures, detailed below, issued by the Industrial Credit and Investment Corporation of India Limited, Mumbai, in its public issue of Safety Bonds-August, 1998, for the purpose of the said clause : Name of the Bonds Face Value of each bond Distinctive Numbers Amount raised (Rs.) From To Encash Bond Rs. 5000/- 1 50068 25,03,40,000 Tax Saving Bond-I Rs. 5000/- 1 151893 75,94,65,000 Tax Saving Bond-II Rs. 5000/- 1 70963 35,48,15,000 Tax Saving Bond-Ill Rs. 5000/- I 91058 45,52.90,000 Tax Saving Bond-IV Rs. 5000/- 1 10796 5,39,80,000 Regular Income Bond-I Rs. 5000/- 1 33397 16,69,85,000 Regular Income Bond-II Rs. 5000/- 1 68872 34.43.60.000 Regular Income Bond-III Rs. 5000/- 1 244840 122.42.00,000 [F. No. 178/23/99-ITA-1] MONA M. VERMA. Under Secy.