Powers conferred by clause (ii) of sub-section (1) of section 80L of the Income-tax Act 1961 (43 of 1961), the Central Government specifies the debentures, in the nature of bonds, namely.

The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (ii)

PUBLISHED BY AUTHORITY

No. 904] NEW DELHI, FRIDAY, DECEMBER 14, 2001/AGRAHAYANA 23, 1923

MINISTRY OF FINANCE

(Department of Revenue)

(CENTRAL BOARD OF DIRECT TAXES)

NOTIFICATION

New Delhi, the 14thDecember, 2001

(Income-tax)

(i) the Industrial Development Bank of India Regular Income Bond bearing distinctive numbers from 142 964 to 174903 for annual interest option and numbers 174904 to 183207 to 185310 for semi annual interest option of the face value of Rs. 5,000/-each;

(ii) the Industrial Development Bank of India Growing Interest Bond bearing distinctive numbers from 313735 to 314282 ofthe face value of Rs. 5,000/- each; and

(m) the Industrial Development Bank of India Infrastructure (Tax-saving) Bonds bearing distinctive numbers froml001539to 1011080 forOption A and numbers 1463926 to 1470491 for Option B of the face value Rs. 5,000/- each,

issued by die Industrial Development Bank of India, Mumbai, a Corporation established under Section 3 ofthe Industrial Development Bank of India Act, 1964 (10 of 1964) in its public issue of bonds in Flexibonds-10 series (2001 -B), for the purposes of the said clause.

[NotificationNo. 367/2001/FNo. 178/9/2001-ITA-l|

I.P.S. BINDRA, Under Secy.

NOTIFICATION

New Delhi, the 14th December, 2001

(Income-tax)

S.0.1222(E).— hi exercise of the powers conferred by clause (ii) of sub-section (1) of Section SOL of the Income- tax Act, l'J61 (43 of 1961), the Central Government hereby specifies the following debentures, in the nature of bonds, namely :—

CO the Industrial Development Bank of India Regular Income Bond bearing distinctive numbers from 000001 to 142963 for annua t interest option and numbers 174904 to 183206 for semi-annual interest option ofthe face value of Rs. 5,000/- cadi;

(ii) the Industrial Development Bank of India Growing Interest Bondbearing distinctive numbers from 300001 to 3 13 734 ofthe face value of Rs. 5,000/- each; and

Cm) the Industrial Development Bank of India Infrastructure (Tax-saving) Bonds bearing distinctive numbers from 500001 to 1001538 (brOption A andnumbers 1011081 to 1463925 forOption B of the face value of Rs. 5,000/- each,

issued by the Industrial Development Bank of India, Mumbai, a Corporation established under Section 3 ofthe Industrial Development Bank of India Act, 1964 (10 of 1964) in its public issue of bonds in Flexibonds-10 series (2001 -B), for the purposes of the said clause.

[NotificationNo. 368/2001/F.No. 178/9/2001-ITA-I]

I.P.S. BINDRA, Under Secy.