Specified bonds under section 80L recognized by government notification, enabling tax recognition for the IRCI bond issuance. The Central Government, exercising the notification power under the Income tax Act, specifies the 7.50 per cent fifteen year IRCI bonds issued in March 1983 by the Industrials Reconstruction Corporation of India Ltd. as specified bonds for the purposes of clause (ii) of sub section (1) of section 80L.