Central Government specifies "7-year 13 per cent. (taxable) Secured Redeemable Non-Convertible NTPC Bonds (VI Issue) (Private Placement)", issued by the National Thermal Power Corporation Limited u/s 80L(1)(ii) - S.O.95(E) - Income Tax

Central Government specifies "7-year 13 per cent. (taxable) Secured Redeemable Non-Convertible NTPC Bonds (VI Issue) (Private Placement)", issued by the National Thermal Power Corporation Limited u/s 80L(1)(ii) NOTIFICATION NO. S.O.95(E) DATE OF ISSUE: 13-2-1991 In exercise of the powers conferred by clause ( ii ) of sub-section (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies " 7-year 13 per cent. (taxable) Secured Redeemable Non-Convertible NTPC Bonds (VI Issue) (Private Placement) ", issued by the National Thermal Power Corporation Limited, for the purpose of the said clause. Provided that the benefit under the said clause shall be admissible in the case of transfer of such bonds, by endorsement or delivery, only if the transferee informs the said Corporation by registered post within a period of sixty days of such transfer [Notification No. 8816/F. No. 328/111/90-WT.]