Central Government specifies 10.5 per cent. tax-free Konkan Railway Bonds u/s 10(15)(iv)(h) - S. O. 743(E) - Income Tax

Central Government specifies 10.5 per cent. tax-free Konkan Railway Bonds u/s 10(15)(iv)(h) NOTIFICATION NO. S. O. 743 ( E ) DATED 1-9-1998 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 10.5 per cent. tax-free Konkan Railway Bonds of the sixth series bearing distinctive numbers:--- 6A 1 to 3,80,000; 6B 1 to 20,00,000; and 6C 1 to 1,29,178 for an amount of rupees two hundred fifty crores ninety-one lakhs and seventy-eight thousand only 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/her name and the holding with the said Corporation. [Notification No. 10681/F. No. 178/76/96-ITA-I]