Central Government specifies the following Secured Redeemable Non-Convertible Bonds issued by the Mahanagar Telephone Nigam Limited u/s 80L - S.O.437(E) - Income Tax

Central Government specifies the following Secured Redeemable Non-Convertible Bonds issued by the Mahanagar Telephone Nigam Limited u/s 80L NOTIFICATION NO. S.O.437 ( E ) DATED 15-5-1995 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 the following Secured Redeemable Non-Convertible Bonds issued by the Mahanagar Telephone Nigam Limited for the purpose of the said clause, namely :-- ( i ) 7-years 18% (taxable) (7th Series--Part A) Secured Redeemable Non-convertible Bonds bearing distinctive numbers 1 to 2000000 of rupees one thousand each of the aggregate value of rupees two hundred crores only ; ( ii ) 7-years 17% (taxable) Secured Redeemable Non-Convertible Bonds (7th Series--Part B) bearing distinctive numbers 2000001 to 4520000 of rupees one thousand each of the aggregate value of rupees two hundred fifty-two crores only ; ( iii ) 5/7-years 18% (taxable) Secured Redeemable Non-Convertible Bonds (9th Series) bearing distinctive numbers from 1 to 950000 of rupees one thousand each of the aggregate value of rupees ninety-five crores only ; ( iv ) 5/7-years-17% (taxable) Secured Redeemable Non-Convertible Bonds (9th Series) bearing distinctive numbers from 950001 to 4900000 of rupees one thousand each of the aggregate value of rupees three thousand ninety-five crores only. [Notification No. 9768/F. No. 178/2/94-ITA-I]