REGD. NO. D. L.-33004/99

The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (ii)

PUBLISHED BY AUTHORITY

No. 796 ]

NEW DELHI, MONDAY, SEPTEMBER 9, 2002/BHADRA 18,1924

MINISTRY OF FINANCE AND COMPANY AFFAIRS

(Department of Revenue)

(CENTRAL BOARD OF DIRECT TAXES)

NOTIFICATION

New Delhi, the 9th September, 2002

(INCOME-TAX)

S.O. 952(E).- In exercise of the powers conferred by

item (h) of sub-clause (iv) of clause (15) of Section 10 of the

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

hereby specifies the 7 85% NHB-Priority Sector. Bonds

2001 -2002 (tax free) of Rupees one lakh each carrying an

interest of 7.85% per annum for a period of seven years for

an amount of rupees seventy five crores only bearing

distinctive numbers from R/00001 to E/07500 issued during

2001-2002 by the National Housing Bank, for the purpose

of the said section.

Provided that the benefit under the said section shall be

admissible only if the holder of such bonds registers his or

her name and the holding with the said Bank.

[Notification No 241/2002/F.No. 178/22/2002-ITA-1]

I. P. S.BINDRA, Under Secy.

2839 til/2002

Printed by the Manager, Govt, of India Press, Ring Road, Mayapuri, New Delhi-110064

and Published by the Controller of Publications, Delhi-110054.