Specified bonds under section 80L: IDBI bond series designated for tax deduction by official notification. Specifies certain debentures of the Industrial Development Bank of India as eligible under section 80L of the Income tax Act: four bond types issued in the Flexibonds-6 public issue by IDBI, each with a face value of five thousand rupees, identified by distinctive number ranges and issued in early 1999, thereby designating those listed instruments as the specified debentures for the purposes of the clause.
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.
Specified bonds under section 80L: IDBI bond series designated for tax deduction by official notification.
Specifies certain debentures of the Industrial Development Bank of India as eligible under section 80L of the Income tax Act: four bond types issued in the Flexibonds-6 public issue by IDBI, each with a face value of five thousand rupees, identified by distinctive number ranges and issued in early 1999, thereby designating those listed instruments as the specified debentures for the purposes of the clause.
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