Specification under section 80L of Income-tax Act: Industrial Development Bank of India Flexibond-4 series bonds specified for tax purposes. The Central Government specifies, under clause (ii) of sub-section (1) of section 80L of the Income-tax Act, three categories of IDBI Flexibond-4 Series bonds-Regular Income Bonds (IFR 000001-2323135), Growing Interest Bonds (IFG 3000001-3135980), and Educational Bonds (IFE 5000001-5021078)-each of face value five thousand rupees, issued by Industrial Development Bank of India, Mumbai, a corporation established under section 3 of the IDBI Act, 1964.
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Provisions expressly mentioned in the judgment/order text.
Specification under section 80L of Income-tax Act: Industrial Development Bank of India Flexibond-4 series bonds specified for tax purposes.
The Central Government specifies, under clause (ii) of sub-section (1) of section 80L of the Income-tax Act, three categories of IDBI Flexibond-4 Series bonds-Regular Income Bonds (IFR 000001-2323135), Growing Interest Bonds (IFG 3000001-3135980), and Educational Bonds (IFE 5000001-5021078)-each of face value five thousand rupees, issued by Industrial Development Bank of India, Mumbai, a corporation established under section 3 of the IDBI Act, 1964.
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