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of <h1>IDBI Flexibonds-6 Series Debentures Now Eligible for Tax Benefits Under Section 80L of Income-tax Act 1961</h1> The Central Board of Direct Taxes has specified certain debentures issued by the Industrial Development Bank of India (IDBI) as eligible under section 80L of the Income-tax Act, 1961. These include the Regular Income Bond, Growing Interest Bond, Retirement Bond, and Infrastructure (tax-saving) Bond, each with a face value of five thousand rupees. These bonds, bearing specific distinctive numbers, were issued between February 22, 1999, and March 15, 1999, as part of IDBI's Flexibonds-6 series. This specification is made under the authority of clause (ii) of sub-section (1) of section 80L.
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