The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (ii)

i

PUBLISHED BY AUTHORITY

No. 351

NEW DELHI, THURSDAY, JANUARY 18, 2001/PAUSA 28,1922

MINISTRY OF FINANCE

(Department of Revenue)

(CENTRAL BOARD OF DIRECT TAXES)

NOTIFICATION

New Delhi, the 18th January, 2001

(INCOME-TAX)

S.O. 53(E).—in exercise of the powers conferred

by item (h) of sub-clause (iv) of clause (15) of section 10

ofthe Income-tax Act, 1961 (43 of 1961), the Central

Government hereby specifies tax-free (2009-11 Series) non-

convertible, unsecured and redeemable bonds of rupees

seventy five crores each carrying an interest of 8.70% per

annum payable yearly for a period of ten years for an

amount of rupees thirty crores and fifty lakhs only bear-

ing distinctive numbers from 00000001 to 00003050 and

forty four crores and fifty lakhs bearing distinctive num-

ber from 00003051 to 00007500 issued by the Power Cor-

poration Limited during the financial year 1999-2000 for

the purpose of the said item :

Provided that the benefit under the said item shall

be admissible only if the holder of such bonds registers

his or her name and the holding with the said Corpora-

tion.

[Notification No. 18/2001/F.No. 178/53/2000-lTA-F|

SAMAR BHADRA, Under Secy.

158 GI/2001

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