Central Government specifies the 5-years 17% Secured, Redeemable, Non-convertible and Taxable Debentures in the nature of bonds issued by the Steel Authority of India Limited, New Delhi u/s 80L - S. O. 512(E) - Income Tax

Central Government specifies the 5-years 17% Secured, Redeemable, Non-convertible and Taxable Debentures in the nature of bonds issued by the Steel Authority of India Limited, New Delhi u/s 80L NOTIFICATION NO. S. O. 512 ( 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 5-years 17% Secured, Redeemable, Non-convertible and Taxable Debentures in the nature of bonds (IVth Issue---I Series) of Rs. 1,00,000 each, carrying an interest of 17% per annum, payable half-yearly for an amount of rupees three hundred ten crores only bearing distinctive numbers from G-1 to G-31000 issued by the Steel Authority of India Limited, New Delhi, for the purpose of the said clause. [Notification No. 10981/F. No. 178/33/96-ITA-I]