Deduction of interest on securities, dividends, etc. u/s 80L - 235(E) - Income Tax

Deduction of interest on securities, dividends, etc. u/s 80L NOTIFICATION NO. 235(E) DATED 16-3-2001 In exercise of the powers conferred by clause ( ii ) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the bonds in the nature of debentures, detailed below, issued by the Industrial Credit and Investment Corporation of India Limited, Mumbai, in its public issue of Safety Bonds---November, 1999, for the purpose of the said clause : ICICI SAFETY BONDS---NOVEMBER 1999 Allotment details Face value of each bond Distinctive numbers Amount (Rs.) From To 1. Gilt rate plus bond Rs. 5,000 1 7255 3,62,75,000 2. Encash bonds Rs. 5,000 1 16283 8,14,15,000 3. Tax saving bonds : Option-I Rs. 5,000 1 131107 65,55,35,000 Option-II Rs. 5,000 1 72435 36,21,75,000 Option-III Rs. 5,000 1 34482 17,24,10,000 Option-IV Rs. 5,000 1 18220 9,11,00,000 Option-V Rs. 5,000 1 5426 2,71,30,000 4. Regular income bonds : Option-I Rs. 5,000 1 15096 7,54,80,000 Option-II Rs. 5,000 1 12532 6,26,60,000 Option-III Rs. 5,000 1 14050 72,52,50,000 [Notification No. 65/2001/F. No. 178/46/2000-ITA-I]