Tax deduction under section 80L specified for Safety Bonds issued by Industrial Credit and Investment Corporation of India. Central Government specifies bonds in the nature of debentures issued by Industrial Credit and Investment Corporation of India Limited, Mumbai, in the public issue Safety Bonds March, 2001, for tax deduction eligibility under the Income tax Act. The notification lists allotment particulars for Tax Saving Bonds (two options) and Regular Income Bonds (three options), providing numbers of bonds, aggregate amounts and distinctive bond numbers for each option, and is issued by the authorised official with file reference.