Specification under section 80L: taxable secured redeemable non convertible bonds specified with issuer and issuance particulars. The Central Government, under clause (ii) of sub section (1) of section 80L of the Income tax Act, specifies 16.25 per cent taxable secured redeemable non convertible bonds issued by the Power/Grid Corporation of India Ltd., denominated at Rs. 1,000 each, bearing distinctive numbers C 1160001 to C 2500000 and aggregating to the stated total, for the purpose of that clause.
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Provisions expressly mentioned in the judgment/order text.
Specification under section 80L: taxable secured redeemable non convertible bonds specified with issuer and issuance particulars.
The Central Government, under clause (ii) of sub section (1) of section 80L of the Income tax Act, specifies 16.25 per cent taxable secured redeemable non convertible bonds issued by the Power/Grid Corporation of India Ltd., denominated at Rs. 1,000 each, bearing distinctive numbers C 1160001 to C 2500000 and aggregating to the stated total, for the purpose of that clause.
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