Specified Debenture: HUDCO Capital Gains Debenture designated under clause (xvie) of the Wealth tax Act for tax specification. Central Government, under clause (xvie) of sub section (1) of section 5 of the Wealth tax Act, 1957, specifies the 3 Year 9 per cent. HUDCO Capital Gains Debenture issued by the Housing & Urban Development Corporation Ltd. as a debenture recognised for the purposes of that clause by notification dated 22 02 1988.