Home Notifications 1989 Income Tax Income Tax - 1989 Section 010(15) This
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(i) "10-year 9 per cent (tax free) Secured Redeemable Non-Convertible Bonds (D-Series)" ; (ii) "7-year 13 per cent. (taxable) Secured Redeemable Non-Convertible Bonds (D-Series)" ; - 0775(E) - Income TaxExtract (i) "10-year 9 per cent (tax free) Secured Redeemable Non-Convertible Bonds (D-Series)" ; (ii) "7-year 13 per cent. (taxable) Secured Redeemable Non-Convertible Bonds (D-Series)" ; Notification Number: 0775(E) Dated 29-09-1989 In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the following bonds, issued by the Neyveli Lignite Corporation Limited, for the purpose of the said clause, namely:-- (i) "10-year 9 per cent (tax free) Secured Redeemable Non-Convertible Bonds (D-Series)"; (ii) "7-year 13 per cent. (taxable) Secured Redeemable Non-Convertible Bonds (D-Series)"; Provided that the benefit under the said item shall be admissible in 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. File Number: 328/64/89-WT
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