Specified bonds under section 80L: designation of secured redeemable non convertible bonds issued by NHPC as qualifying instruments. Central Government specifies, under clause (ii) of sub section (1) of section 80L of the Income tax Act, two series of seven year taxable secured redeemable non convertible bonds issued by the National Hydroelectric Power Corporation Limited (a 13 per cent series and a 13.25 per cent series), identifying their denomination, distinctive numbering ranges and aggregate issue amounts, and thereby designating those instruments for the purposes of the cited clause.