Notified under section 10(15) (iv) (h) 5.8% Housing and Urban Development Corporation Limited specified - 352/2003 - Income Tax

Notified under section 10(15) (iv) (h) 5.8% Housing and Urban Development Corporation Limited specified Notification No : 352 Date of Issue : 18/12/2003 In exercise of the powers conferred by sub-clause (h) of clause (iv) of sub-section (15) of Section10 of the Income Tax Act, 1961 (43 of 1961), the Central Government hereby specifies 5.8% Housing and Urban Development Corporation Limited (hereinafter referred to as HUDCO) Gujarat Punamirman Special Tax Free Bonds Series III-A of rupees 10 lakhs each, 5.90% HUDCO Gujarat Puriarnirman Special Tax Free Bonds Series III-B of rupees 10,lakhs each, 6.40% HUDCO Gujarat Punamirman Special Tax Free Bonds Series IV-A of rupees 10 lakhs each and 6.80% HUDCO Gujarat Punai-nirman Special Tax Free Bonds Series IV-B of rupees 10 lakhs each, issued by Housing and Urban Development Corporation Limited, New Delhi during 2002-2003 carrying an interest of 5.80%, 5.90%, 6.40% and 6.86/o per.annum for a period of 7, 10, 10 and 10 years respectively for an amount of rupees 5 crore tender Series III-A, rupees 7.50 crore under Series III-B, rupees 55 crore under Series IV-A and rupees 16 crore under Series IV-B with following details:- Series Amount Distinctive Number 1. III-A rupees five crore 1 -- 50 2. III-B rupees seven crore and fifty lakhs 51 - 125 3. IV-A rupees fifty five crore 1 - 550 4. IV-B Rupees sixteen crore 551 - 710 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. F.N0.178/50/2003-ITA-I