Central Government specifies 9.75% (Tax-free) Secured Redeemable Non-convertible POWERGRID Bonds u/s 10(15)(iv)(h) - S.O.819(E) - Income Tax

Central Government specifies 9.75% (Tax-free) Secured Redeemable Non-convertible POWERGRID Bonds u/s 10(15)(iv)(h) NOTIFICATION NO. S.O.819 ( E ) DATED 22-9-1995 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 specifies 9.75% (Tax-free) Secured Redeemable Non-convertible POWERGRID Bonds (III-Issue) bearing distinctive numbers from C-0000001 to C-1000000 of Rs. 1,000 each aggregating to an amount of rupees one hundred crores only issued by the Power Grid Corporation of India 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 the holding with the said Corporation. [Notification No. 9867/F. No. 178/28/95-ITA-I]