Central Government specifies the 7 years/5 years-17.5 per cent (taxable) Secured Redeemable Non-Cumulative (VIth Series Issue) Bonds to rupees one hundred and thrity-nine crores only issued by the Nuclear Power Corporation of India Limited, New Delhi u/s 80L - S.O.540(E) - Income Tax Act, 1961
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Specification of bonds under section 80L: secured, redeemable, non cumulative issue designated for tax purposes by notification. The Central Government, under clause (ii) of sub section (1) of Section 80L of the Income tax Act, specifies the VIth Series secured, redeemable, non cumulative bonds (taxable interest at 17.5 per cent) identified by serial numbers F 13281801 to F 14671800 and by aggregate issuance amount, by Notification No. S.O.540(E) dated 14 7 1994, thereby designating that series for the purposes of the cited clause.
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Specification of bonds under section 80L: secured, redeemable, non cumulative issue designated for tax purposes by notification.
The Central Government, under clause (ii) of sub section (1) of Section 80L of the Income tax Act, specifies the VIth Series secured, redeemable, non cumulative bonds (taxable interest at 17.5 per cent) identified by serial numbers F 13281801 to F 14671800 and by aggregate issuance amount, by Notification No. S.O.540(E) dated 14 7 1994, thereby designating that series for the purposes of the cited clause.
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