Central Government specifies the 5 years 17% secured, redeemable, non-convertible and taxable debentures in the nature of bonds issued by the Steel Authority of India Limited, New Delhi u/s 80L - 10981 - Income Tax

Central Government specifies the 5 years 17% secured, redeemable, non-convertible and taxable debentures in the nature of bonds issued by the Steel Authority of India Limited, New Delhi u/s 80L NOTIFICATION NO. 10981 DATED 28-6-1999 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 5 years 17% secured, redeemable, non-convertible and taxable debentures in the nature of bonds (IV-Issue, I-Series) of Rs. 1,00,000 each carrying an interest of 17% per annum, payable half-yearly for an amount of rupees three hundred ten crores only bearing distinctive numbers from G-1 to G-31000 issued by the Steel Authority of India Limited, New Delhi for the purpose of the said clause. [F. No. 178/33/96-ITA-I]