Central Government specifies 10.5% tax free (8B Series), Konkan Railway Bonds u/s 10(15)(iv)(h) - 811(E) - Income Tax

Central Government specifies 10.5% tax free (8B Series), Konkan Railway Bonds u/s 10(15)(iv)(h) NOTIFICATION NO. 811(E) DATED 7-9-2000 In exercise of the powers conferred by sub-clause ( h ) of clause ( iv ) of sub-section (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies 10.5% tax free (8B Series), Konkan Railway Bonds hearing distinctive numbers from 1 to 10000 for an amount of rupees one hundred crores only issued by Konkan Railway Corporation Limited for the purpose of the said sub-clause : Provided that the benefit under the said section shall be admissible only if the holder of such bonds registers his/her name and the holding with the said Corporation. [Notification No. 11479/F. No. 178/76/99-ITA-I]