Section 80L(1)(ii) of the Income-tax Act, 1961 specifies Debentures, in the nature of bonds issued by IDBI, Mumbai - 117/2005 - Income Tax

Section 80L(1)(ii) of the Income-tax Act, 1961 specifies Debentures, in the nature of bonds issued by IDBI, Mumbai NOTIFICATION NO. 117/2005, DATED 24-3-2005 In exercise of the powers conferred by clause ( ii ) of sub-section (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the following debentures, in the nature of bonds, namely:- BONDS HELD IN PHYSICAL FORM ( i ) The Industrial Development Bank of India Regular Income Bond (2004C) of 21 st Series bearing distinctive numbers from 3756 to 16738 under option "A", distinctive numbers from 16739 to 16913 under option "B", distinctive numbers from 26661 to 29404 under option "C", distinctive numbers from 50388 to 67505 under option "D"; ( ii ) The Industrial Development Bank of India Retirement Bond (2004C) of 21 st series bearing distinctive numbers from 13 to 304 under option "A", distinctive numbers from 323 to 697 under option "B"; ( iii ) The Industrial Development Bank of India Floating Rate Bond (2004C) of 21 st Series bearing distinctive numbers from 5 to 577; ( iv ) The Industrial Development Bank of India Infrastructure (Tax Saving) Bond (2004C) of 21 st Series bearing distinctive numbers from 40850 to 1927015 under option "A", distinctive numbers from 1927807 to 1956207 under option "B", distinctive numbers from 1969303 to 3056390 under option "C", distinctive numbers from 3058044 to 3103380 under option "D"; BONDS HELD IN DEMAT FORM ( i ) The Industrial Development Bank of India Regular Income Bond (2004C) of 21 st Series bearing distinctive numbers from 1 to 3755 under option "A", distinctive numbers from 0 to 0 under option "B", distinctive numbers from 16914 to 26660 under option "C", distinctive numbers from 29405 to 50387 under option "D"; ( ii ) The Industrial Development Bank of India Retirement Bond (2004C) of 21 st Series bearing distinctive numbers from 1 to 12 under option "A", distinctive numbers from 305 to 322 under option "B"; ( iii ) The Industrial Development Bank of India Floating Rate Bond (2004C) of 21 st Series bearing distinctive numbers from 1 to 4; and ( iv ) The Industrial Development Bank of India Infrastructure (Tax Saving) Bond (2004C) of 21 st Series bearing distinctive numbers from 1 to 40849 under option "A", distinctive numbers from 1927016 to 1927806 under option "B", distinctive numbers from 1956208 to 1969302 under option "C", distinctive numbers from 3056391 to 3058043 under option "D" issued by the Industrial Development Bank of India, Mumbai, a corporation established under section 3 of the Industrial Development Bank of India Act, 1964 (10 of 1964) in its public issue of bonds in Flexibonds-21 th Series, for the purposes of the said clause. [F.No. 178/76/2004-ITA-I]