Extraordinary Gazette of India, 1998, No. 987

2 Pages·0.08 MB·English

by  Directorate of Printing, Government of India

REGD. NO. D.L.-33004/97
The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 46] NEW DELHI, TUESDAY, JANUARY 20, 1998/PAUSA 30, 1919
MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 20th January, 1998
(INCOME-TAX)
S.O. 68(E).— In exercise of the powers conferred by clause (ii) of sub-section (1) of section 80-L of the Income-tax
Act, 1961 (43 of 1961), the Central Government hereby specifies the 5 years, 17% secured, redeemable, non-convertible
bonds (Taxable) (L-series) of Rs. 1,000/- each for an amount of Rs. 56,35,00,000/- bearing distinctive numbers from 120000001
to 120563500 and 7 years, 16% secured, redeemable, non-convertible bonds (Taxable) (L-series) of Rs. 1,000/- each for an
167GI/98 (1)
2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—-SEC. 3(ii)]
amount of Rs. 63,30,00,000/- bearing distinctive numbers from 120563501 to 121196500 aggregating for an amount of
Rupees one hundred nineteen crores and sixty five lakhs only issued by National Hydroelectric Power Corporation Limited for
the purpose of the said clause.
[F. No. 178/19/97-ITA-I/Notification No. 10516]
H.K. CHOUDHARY, Under Secy.
NOTIFICATION
New Delhi, the 20th January, 1998
(INCOME-TAX)
S.O. 69(E).— In exercise of the powers conferred by item (h) of sub-section (iv) of clause (15) of section 10 of the
Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies 7 years, 10.5%, secured, redeemable, non-
convertible bonds (Taxfree) (L-Series) of Rs. 1,000/- each for an amount of Rs. 51,00,00,000/- (Rupees fifty one crores only)
bearing distinctive numbers from 121196501 to 121706500 issued by National Hydroelectric Power Corporation Limited for
the purpose of the said item:
Provided that the benefit under the said item shall be admissible only if each holder of such bonds registers his/her
name and the holding with the said Corporation.
[F.No. 178/19/97-ITA-I/Notification No. 10517]
H. K. CHOUDHARY, Under Secy.
Primed by the Manager, Govt. of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054— 1998