Central Government specified the Taxable Unsecured and Redeemable Housing and Urban Development Corporation Infrastructure Bonds issued by the Housing and Urban Development Corporation Limited, New Delhi u/s 80L - S. O. 505(E) - Income Tax

Central Government specified the Taxable Unsecured and Redeemable Housing and Urban Development Corporation Infrastructure Bonds issued by the Housing and Urban Development Corporation Limited, New Delhi u/s 80L NOTIFICATION NO. S. O. 505 ( E ) DATED 28-6-1999 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 the Taxable Unsecured and Redeemable Housing and Urban Development Corporation Infrastructure Bonds (Series-I) bearing distinctive numbers from 000001 to 2500113 of Rs. 1,000 each aggregating to an amount of rupees two hundred fifty crores one lakh thirteen thousand only carrying interest of 15% per annum payable half-yearly, issued by the Housing and Urban Development Corporation Limited, New Delhi, for the purpose of the said clause. [Notification No. 10974/F. No. 178/14/97-ITA-I]