Central Government specifies 17% (Taxable) Secured Redeemable Non-convertible MTNL Bonds (12th Series) (Part A) u/s 80L - S. O. 155(E) - Income Tax

Central Government specifies 17% (Taxable) Secured Redeemable Non-convertible MTNL Bonds (12th Series) (Part A) u/s 80L NOTIFICATION NO. S. O. 155 ( 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 : ( a ) the 17% (Taxable) Secured Redeemable Non-convertible MTNL Bonds (12th Series) (Part A) bearing distinctive numbers from 1 to 200000 of rupees one thousand each of the aggregate value of rupees twenty crores only; ( b ) the 17% (Taxable) Secured Redeemable Non-convertible MTNL Bonds (12th Series) (Part B) bearing distinctive numbers from 1 to 25500 of rupees one lakh each of the aggregate value of rupees two hundred fifty five crores only ; and ( c ) the 17% (Taxable) Secured Redeemable Non-convertible MTNL Bonds (12th Series) (Part C) bearing distinctive numbers from 1 to 86051 of rupees one lakh each of the aggregate value of rupees eight hundred sixty crores and fifty one lakhs only; issued by Mahanagar Telephone Nigam Limited, New Delhi, for the purpose of the said clause. [Notification No. 10819/F. No. 178/61/96-ITA-I]