Central Government specifies the bonds in the nature of debentures issued by the Industrial Credit and Investment Corporation of India Limited, Mumbai - S.O. 1179(E) - Income Tax Act, 1961
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Specification under section 80L: bonds in nature of debentures specified for tax provision applicability from ICICI public issue. The Central Government, under clause (ii) of sub-section (1) of section 80L of the Income-tax Act, 1961, specifies bonds in the nature of debentures issued in the Safety Bonds-July, 1998 public issue by Industrial Credit and Investment Corporation of India Limited for the purposes of that clause, listing each bond series by name, uniform face value, distinctive serial number ranges and aggregate amounts raised.
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Specification under section 80L: bonds in nature of debentures specified for tax provision applicability from ICICI public issue.
The Central Government, under clause (ii) of sub-section (1) of section 80L of the Income-tax Act, 1961, specifies bonds in the nature of debentures issued in the Safety Bonds-July, 1998 public issue by Industrial Credit and Investment Corporation of India Limited for the purposes of that clause, listing each bond series by name, uniform face value, distinctive serial number ranges and aggregate amounts raised.
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