Central Board of Direct Taxes specifies Industrial Development Bank of India Regular Income Bond u/s 80L
X X X X Extracts X X X X
X X X X Extracts X X X X
.... powers conferred by clause (ii) of sub-section (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby specifies the debentures, in the nature of bonds, namely : (i) the Industrial Development Bank of India Regular Income Bond bearing distinctive numbers from 0000001 to 2337495 of the face value of rupees five thousand each; (ii) the Industrial ....
TaxTMI