Specified debenture bonds under section 80L recognised for tax purposes following the ICICI Safety Bonds public issue. Central Government, under clause (ii) of sub-section (1) of section 80L of the Income tax Act, specifies bonds in the nature of debentures issued by Industrial Credit and Investment Corporation of India Limited in the Safety Bonds-October, 1998 public issue. The notification names each bond series (Encash Bond; Tax Saving Bond I-IV; Regular Income Bond I-III), records a uniform face value per bond, and sets out the distinctive serial number ranges and amounts raised for each series for the purpose of that clause.