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<h1>Section 80L(1)(ii) of Income-tax Act: Tax Benefits for IDBI Bonds, Including Regular Income and Infrastructure Bonds.</h1> The Central Government, under Section 80L(1)(ii) of the Income-tax Act, 1961, specifies certain debentures issued by the Industrial Development Bank of India (IDBI), Mumbai, as eligible for tax benefits. These include Regular Income Bonds, Retirement Bonds, and Infrastructure (Tax Saving) Bonds from the 19th Series, with specific distinctive numbers, available in both physical and demat forms. This notification, dated March 24, 2005, outlines the bond series and options, detailing the range of distinctive numbers applicable for each bond type and form.