Central Government specifies the Industrial Development Bank of India Infrastructure Bond u/s 80L - S. O. 149(E) - Income Tax

Central Government specifies the Industrial Development Bank of India Infrastructure Bond u/s 80L NOTIFICATION NO. S. O. 149 ( E ) DATED 9-3-1999 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 : ( i ) the Industrial Development Bank of India Infrastructure Bond bearing distinctive numbers 1 to 575626 of the face value of rupees five thousand each; ( ii ) the Industrial Development Bank of India Growing Income Bonds bearing distinctive numbers 2000001 to 2035642 of the face value of rupees five thousand each ; and ( iii ) the Industrial Development Bank of India Regular Income Bonds bearing distinctive numbers 3000001 to 4046310 of the face value of rupees five thousand each, issued by the Industrial Development Bank of India, Mumbai, in its public issue of bonds in Flexibond-3 Series, for the purpose of the said clause. [Notification No. 10818/F. No. 178/11/98-ITA-I]