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    <title>For the purpose of section 2(48) of the Income-tax Act, 1961 Central Government specified Ten Years Zero Coupon Bond of HUDCO</title>
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    <description>Specification designates the zero coupon bond status for the Ten Years Zero Coupon Bond of HUDCO under section 2(48) of the Income-tax Act. It records the bond&#039;s name, ten year life, issuance deadline, specified redemption amount per bond, discount to be fixed by HUDCO at issue, and the total number of bonds, and makes the designation conditional on compliance with specified clauses of sub-rule (3) and sub-rule (6) of rule 8B of the Income tax Rules, 1962.</description>
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      <description>Specification designates the zero coupon bond status for the Ten Years Zero Coupon Bond of HUDCO under section 2(48) of the Income-tax Act. It records the bond&#039;s name, ten year life, issuance deadline, specified redemption amount per bond, discount to be fixed by HUDCO at issue, and the total number of bonds, and makes the designation conditional on compliance with specified clauses of sub-rule (3) and sub-rule (6) of rule 8B of the Income tax Rules, 1962.</description>
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