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Central Government has specified 8% HUDCO Gujarat Punamirman Special tax free Bonds of series II-A, II-B and II-C u/s 10 (15)(iv) of the Income-tax Act, 1961 - 206/2002 - Income TaxExtract Central Government has specified 8% HUDCO Gujarat Punamirman Special tax free Bonds of series II-A, II-B and II-C u/s 10 (15)(iv) of the Income-tax Act, 1961 NOTIFICATION NO. 206 Dated 12th August. 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 8% HUDCO Gujarat Punamirman Special tax free Bonds Series-II-A of rupees five lakhs each, 8.40% HUDCO Gujarat Punamirman Special tax free Bonds Series-II-B of rupees five lakhs each and 9% HUDCO Gujarat Punamirman Special tax free Bonds Series - II-C of rupees five lakhs each issued by Housing and Urban Development Corporation Limited, New Delhi during 2001-2002 carrying an interest on 8%, 8.40% and 9% per annum for a period of 5, 7 and 10 years respectively for an amount of rupees 43.50 crores under series II-A, rupees 5.65 crores under series U-B and rupees 148.65 crores under series II-C with following details:- Series Amount Distinctive No. 1. II-A rupees forty three crores and fifty lakhs 001 -870 2. II-B rupees five crores and sixty five lakhs 0871-983 3. II-C rupees one hundred forty eight crores and sixty five lakhs. 984-3956 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 Secretary to Govt. of India. F.N0.178/26/2002-ITA-I
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