Central Government specified the 13.5 per cent--10 Year Industrial Reconstruction Bank of India Bonds (Taxable) (22nd Series) bearing distinctive numbers u/s 80L - S.O.589(E) - Income Tax Act, 1961
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Specification of bonds under Section 80L clarifies which taxable bank bonds qualify for the provision. Central Government under clause (ii) of sub section (1) of section 80L specified the 13.5 per cent 10 Year Industrial Reconstruction Bank of India Bonds (Taxable) (22nd Series) by listing series, distinctive serial number ranges and the aggregate issue amount, and identified the issuer as the then Industrial Reconstruction Bank of India (now Industrial Investment Bank of India Limited) for the purposes of that provision.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Specification of bonds under Section 80L clarifies which taxable bank bonds qualify for the provision.
Central Government under clause (ii) of sub section (1) of section 80L specified the 13.5 per cent 10 Year Industrial Reconstruction Bank of India Bonds (Taxable) (22nd Series) by listing series, distinctive serial number ranges and the aggregate issue amount, and identified the issuer as the then Industrial Reconstruction Bank of India (now Industrial Investment Bank of India Limited) for the purposes of that provision.
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