Central Government specifies 10.5% tax-free (7A-Series) Konkan Railway Bonds u/s 10(15)(iv)(h) - S. O. 1087(E) - Income Tax

Central Government specifies 10.5% tax-free (7A-Series) Konkan Railway Bonds u/s 10(15)(iv)(h) NOTIFICATION NO. S. O. 1087 ( E ) DATED 21-12-1998 In exercise of the powers conferred by sub-clause ( h ) of clause ( iv ) of sub-section (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies 10.5% tax-free (7A-Series) Konkan Railway Bonds bearing distinctive numbers 1 to 11,40,000 for an amount of rupees one hundred fourteen crores only issued by Konkan Railway Corporation Limited for the purpose of the said sub-clause : Provided that the benefit under the said sub-clause shall be admissible only if the holder of such bonds registers his/her name and the holding with the said Corporation. [Notification No. 10751/F. No. 178/93/98-ITA-I]