The Central Government specified "the Issue of Foreign Currency Convertible Bonds and Ordinary Shares, (through Depository Receipt Mechanism) Scheme 1993 u/s 115 AC - 243/2002 - Income Tax

The Central Government specified "the Issue of Foreign Currency Convertible Bonds and Ordinary Shares, (through Depository Receipt Mechanism) Scheme 1993 u/s 115 AC NOTIFICATION NO. 243 Dated 10th September. 2002 In exercise of the powers conferred by clause (a) of Sub-section (1), items (i) and (iii) of clause (b) of Sub-section (1) and Explanation to Sub-section (5) of Section 115AC of the Income-tax Act, 1961 (43 of 1961), the Central Government specifies "the Issue of Foreign Currency Convertible Bonds and Ordinary Shares, (through Depository Receipt Mechanism) Scheme 1993" notified vide notification of the Government of India, Ministry of Finance, Department of Economic Affairs No. G.S.R. 700(E) dated the 12th November, 1993, as a Scheme for the purposes of the said section in respect of assessment year 2002-2003 and subsequent assessment years. Sd/- Rahul Navin Under Secy. F.No. 153/191/2000-TPL Issued by: Foot Note:- (1) The Principal Scheme viz., issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme, 1993, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) on the 12th November, 1993/Kartika 21, 1915 [Notification G.S.R. No. 700(E) dated 12th November, 1993] and subsequently amended vide:- (i) the Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) (Amendment) Scheme, 1999, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) on the 11th November, 1999/Kartika 20, 1921 [Notification G.S.R. No. 764(E) dated l0th November, 1999]; (ii) the Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) (Amendment) Scheme, 2000 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) on the 19th June, 2000/Jyaistha 29, 1922 [Notification G.S.R. No. 544{E) dated 16th June, 2000]; (iii) the Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) (Amendment) Scheme-11, 2000 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) on the 14th November. 2000/Kartika 23, 1922 [Notification G.S.R. No. 865(E) dated 10th November, 2000]; (iv) the Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) (Amendment) Scheme-Ill, 2000 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) on the 14th November, 2000/Kartika 23, 1922 (Notification G.S.R. No. 866(E) dated 10th November, 2000]; (v) the Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) (Amendment) Scheme, 2001 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) on the 21" September, 2001/Bhadrfl 30, 1923 [Notification G.S.R. No. 687(E) dated 18 th September, 2001]; (vi) the Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) (Amendment) Scheme, 2000 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) on the 13th February, 2002/Magha 24, 1923 [Notification G.S.R. No. 100{E) dated 13th February, 2002); (vii) the Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) (Amendment) Scheme, 2002 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) on the 30th July, 2002/Sravana 8, 1924 [Notification G.S.R. No. 532(E) dated 29th July, 2002].