Central Government specified 10.5 per cent, tax-free Konkan Railway bonds u/s 10(15)(iv)(h) - S.O.650(E) - Income Tax

Central Government specified 10.5 per cent, tax-free Konkan Railway bonds u/s 10(15)(iv)(h) NOTIFICATION NO. S.O.650 ( E ) DATED 20-7-1995 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 specified 10.5 per cent, tax-free Konkan Railway bonds of the second series bearing distinctive numbers :-- 2B 1 to 14,07,000 ; 2C 1 to 7,15,000 ; and 2D 1 to 10,16,203 of an amount of rupees three hundred thirteen crores, eighty-two lakhs and three thousand only to be issued by the Konkan Railway Corporation Limited for the purpose of the said item : Provided that the benefit under the said item shall be admissible only if the holder of such bonds registers his name and his holdings with the said corporation. [Notification No. 9821/F. No. 178/2/95-ITA-I]