Central Government specifies the " 10-year--9% (Tax-free) Secured Redeemable REC Bonds (15th Series), 1997 ", issued by the Rural Electrification Corporation Limited u/s 10(15)(iv)(h) - S.O.203(E) - Income Tax

Central Government specifies the " 10-year--9% (Tax-free) Secured Redeemable REC Bonds (15th Series), 1997 ", issued by the Rural Electrification Corporation Limited u/s 10(15)(iv)(h) NOTIFICATION NO. S.O.203(E) DATED 23-2-1988 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 " 10-year--9% (Tax-free) Secured Redeemable REC Bonds (15th Series), 1997 ", issued by the Rural Electrification Corporation Limited, for the purpose of the said clause : Provided that the benefit under the said item shall be admissible only if the holder of such bonds registers his name and holding with the said Corporation. [F. No. 328/22/88-WT]