Specified public sector bonds carry wealth tax benefit, subject to transferee notifying the issuer by registered post after transfer.
The Central Government specifies two classes of secured redeemable non-convertible bonds issued by the National Hydroelectric Power Corporation Ltd as debentures for the purposes of clause (xvie) of section 5(1) of the Wealth-tax Act, 1957: 10 year tax free 9% (B series) and 7 year 13% (B series). The tax benefit on transfer of these debentures is admissible only if the transferee informs the issuing company by registered post within sixty days of the transfer.

Specified debentures designation: transfer benefit requires transferee to notify issuer by registered post within sixty days.
Notification designates certain secured redeemable non-convertible bonds issued by specified public sector companies as debentures for clause (xvie) of section 5(1) of the Wealth-tax Act, 1957, and provides that the benefit on transfer is admissible only if the transferee informs the issuing company by registered post within sixty days of transfer.

Specified debentures under wealth tax clause require transferee notice to issuer within sixty days to retain tax benefit.
The notification designates two categories of secured redeemable NTPC bonds as specified debentures for clause (xvie) of section 5(1) of the Wealth tax Act, making them eligible for the clause's tax treatment. It conditions availability of the benefit on the transferee's fulfilment of a notice requirement: following transfer by endorsement or delivery, the transferee must inform the issuing corporation by registered post within sixty days to retain the benefit.

Bench seating locations for the Wealth-tax Settlement Commission specified; principal and additional benches have designated ordinary seats.
The Central Government, under statutory authority in the Wealth-tax Act, designates New Delhi as the ordinary place for the principal Bench and Bombay as the ordinary place for the additional Bench of the Wealth-tax Settlement Commission, establishing the ordinary venues for each bench's sittings.

Debenture specification: central government designates capital bonds as qualifying instruments under wealth tax notification.
The Central Government, exercising its power under the Wealth Tax Act, specifies a particular series of capital bonds issued by a development bank as qualifying debentures for the purposes of the relevant clause, naming the instrument and recording the notification date and government file reference.