Central Government specifies VIIIth Series 7 years 10 per cent. (tax-free) Secured Non-Convertible Bonds to Rs. 85,7085 crores issued by the Indian Railways Finance Corporation Limited u/s 10(15)(iv)(h) - S.O.484(E) - Income Tax

Central Government specifies VIIIth Series 7 years 10 per cent. (tax-free) Secured Non-Convertible Bonds to Rs. 85,7085 crores issued by the Indian Railways Finance Corporation Limited u/s 10(15)(iv)(h) NOTIFICATION NO. S.O.484 ( E ) DATED 23-6-1994 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 VIIIth Series 7 years 10 per cent. (tax-free) Secured Non-Convertible Bonds bearing distinctive numbers from 00000001 to 00857085 aggregating to Rs. 85,7085 crores issued by the Indian Railways Finance Corporation Limited for the purpose of the said item : Provided that the benefit under the said item shall be admissble only if the holder of such bonds registers his name and his holding with the said Corporation. [Notification No. 9561/F. No. 178/74/92-ITA-I]