Under section 10(15) (iv) (h) the Central Government specified "9.50% Tax Free Bonds" - 379/2002 - Income Tax

Under section 10(15) (iv) (h) the Central Government specified "9.50% Tax Free Bonds" NOTIFICATION No. 379 Dated 10th December. 2002 In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of Section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies "9.50% Tax Free Bonds" bearing distinctive numbers from I to 24000, of rupees one lakh each, issued by National Textile Corporation Limited and carrying an interest of 9.50% per annum, for a period of 5 years, for a total amount of rupees 240 crores: 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. Sd/- (I.P.S. Bindra) Under Secy. F.NO. 178/40/2002-ITA-I