https://www.taxtmi.com/notifications?id=8671 Specification designates debentures issued by State Electricity Boards, Agro Industries Corporations, Housing Boards (for rural housing), Co operative Processing and Marketing Societies and other approved State sponsored institutions between 1 January 1977 and 31 December 1981 as covered by specified clauses of the Income tax Act and the Wealth tax Act where issued to raise resources in rural areas, provided they are not government guaranteed, are issued only to individuals (including joint holdings), are non transferable except to such individuals, and carry interest not exceeding 12 percent per annum. en-us Mon, 10 Oct 1977 00:00:00 +0530 Tue, 19 Aug 2008 15:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=8671 Specification designates debentures issued by State Electricity Boards, Agro Industries Corporations, Housing Boards (for rural housing), Co operative Processing and Marketing Societies and other approved State sponsored institutions between 1 January 1977 and 31 December 1981 as covered by specified clauses of the Income tax Act and the Wealth tax Act where issued to raise resources in rural areas, provided they are not government guaranteed, are issued only to individuals (including joint holdings), are non transferable except to such individuals, and carry interest not exceeding 12 percent per annum. Notifications Income Tax Mon, 10 Oct 1977 00:00:00 +0530 https://www.taxtmi.com/notifications?id=8671