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of <h1>Central Government Specifies NTPC Bonds-III Public Issue Under Section 193(iib) of Income-tax Act, 1961: Notification Details.</h1> The Central Government has specified the '7-year 13% (taxable) Secured Redeemable Non-Convertible NTPC Bonds-III Public Issue,' issued by the National Thermal Power Corporation Limited, under section 193(iib) of the Income-tax Act, 1961. This notification, dated March 28, 1988, outlines that the benefits under this clause are applicable only if the transferee informs the corporation by registered post within sixty days of the bond transfer.
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