Specifies the following bonds, issued by the Nuclear Power Corporation of India Limited - 0308(E) - Wealth Tax

Specifies the following bonds, issued by the Nuclear Power Corporation of India Limited Notification Number: 0308(E) Dated 28-03-1988 In exercise of the powers conferred by clause (xvie) of sub-section (1) of section 5 of the Wealth-tax Act, 1957 (27 of 1957), the Central Government hereby specifies the following bonds, issued by the Nuclear Power Corporation of India Limited, for the purpose of the said clause, namely:- (i) "10-year 9% (Tax Free) Secured Redeemable Non-Convertible Bonds (Series I)"; (ii) "7-year 13% (Taxable) Secured Redeemable Non-Convertible Bonds (Series I)"; Provided that the benefit under the said clause shall be admissible in the case of transfer of such bonds, by endorsement or delivery, only if the transferee informs the said Corporation by registered post within a period of sixty days of such transfer. ( Sd. ) Roshan Sahay, Under Secretary to the Govt. of India . File Number: 328/132/87-WT