Central Government specifies Tax-free Bonds of the National Housing Bank-Swarn Jayanti Rural Housing Finance u/s 10(15)(iv)(h) - S. O. 238(E) - Income Tax

Central Government specifies Tax-free Bonds of the National Housing Bank-Swarn Jayanti Rural Housing Finance u/s 10(15)(iv)(h) NOTIFICATION NO. S. O. 238(E) DATED 14-3-2000 In exercise of the powers conferred by item ( h ) of sub-clause ( iv ) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies Tax-free Bonds of the National Housing Bank-Swarn Jayanti Rural Housing Finance, 1999-2000 (Third Series) of rupees one lakh each carrying an interest of 8.5 per cent. per annum for a period of seven years for an amount of rupees one hundred fifty crores only bearing distinctive numbers from C-00001 to C-15000 issued during 1999-2000 by the National Housing Bank for the purpose of the said section. Provided that the benefit under the said section shall be admissible only if the holder of such bonds registers his or her name and the holding with the said Bank. [Notification No. 11265/F. No. 178/81/99-ITA-I]