The Central Government specified the "NABARD Capital Gains Bonds" issued by the National Bank for Agriculture and Rural Development, Mumbai u/s 193 (iib) - 106/2002 - Income Tax

The Central Government specified the NABARD Capital Gains Bonds issued by the National Bank for Agriculture and Rural Development, Mumbai u/s 193 (iib) NOTIFICATION NO. 106 Dated 7th May. 2002 S.O. 1780 -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 NABARD Capital Gains Bonds Issued by the National Bank for Agriculture and Rural Development, Mumbai, for the purposes of the said clause: Provided that the benefit under the said proviso shall be admissible in the case of transfer of such bonds by endorsement or delivery, only if the transferee informs the National Bank for Agriculture and 1 [ Rural Development ] by registered post within a period of sixty days of such transfer. Sd/- (K.Sasikanthan) Under Secretary to the Government of India [106/2002 (F.N0.275/12/2002-IT (B))] ******** Notes 1. Corrected vide NOTIFICATION NO. 222 Dated 19-08-2002 before it was read as Rural Bank