The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 804] NEW DELHI, TUESDAY, SEPTEMBER 10, 2002/BHADRA 19, 1924 2 THE GAZETTE OF INDIA: EXTRAORDINARY
[PART il—Sbc. 3(ii)j MINISTRY OF FINANCE AND COMPANY AFFAIRS
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 9th September, 2002
INCOME-TAX
S.0.953(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 tax free Bonds Series I-A of rupees one lakh each, tax free Bonds Series-I-B of rupees one lakh each, tax free bonds Series II-A of rupees ten thousand each and tax free Bonds Series-II-B of rupees ten thousand each issued by SardarSarovarNarmada Nigam Limited carrying an interest of 9.20%. 9.50%, 9.20% and 9.50% per annum for a period of 5,7,5 and 7 years respectively for a total amount of rupees 500 crores with following details:—
Amount
Series
Distinctive Number
1.
1—7500 I-A
rupees seventy five crores
2.
rupees one hundred twenty five crores
7501—20,000 ,4-B
11-A
20,001—1,45,000 3.
rupees one hundred twenty five crores
II-B
4.
rupees one hundred seventy five crores
1,45,001—3,20,000 Provided that the benefit under the said section shall be admissible only if the holder of such bonds registers his/her name and the holding with the said Corporation.
[Notification No. 242/2002/F. No. 178/26/2002-ITA-I]
I.P.S. BINDRA, Under Secy.