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Case law › Notifications › 2003 › Notification No. 158
Notification 27 June 2003

Notification No. 158

Notification of a person, body or fund under section 10 of the Income-tax Act, 1961

What this is

Notification No. 158 was published on 27 June 2003. Its subject is Notification of a person, body or fund under section 10 of the Income-tax Act, 1961.

This notifies a named person, body, fund or instrument for the purpose of a provision. Nothing in it changes the provision itself.

The provisions it speaks to

Left, the provision of the Income-tax Act, 1961 as the instrument itself names it. Right, the section of the Income-tax Act, 2025 that the department’s own concordance maps it to — which is where the same ground is now covered.
Under the 1961 ActNow
s.10s.11, s.19

The instrument, as the Board published it

The words below are the department’s own, reproduced from its published text. Where the department’s copy carried a publisher’s notes after the instrument, those are not reproduced.

Notification No : 158

Section(s) Referred : s. 10(15)(1)

Date of Issue : 27/6/2003

Notification No. 158 of 2003, dt. 27th June, 2003.

In exercise of the powers conferred by sub-clause (i) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies 31,63,38,500 number of "8.5% Tax Free SLR Power Bonds" of rupees one thousand each, issued on and after the 1st October, 2001, by the Reserve Bank of India on behalf of the State Governments, carrying an interest of 8.5% per annum, for a period of fifteen years, for an amount of rupees 31,633.85 crore (thirty-one thousand six hundred thirty-three crores and eighty-five lakhs only).

[F.No. 200/10/2003-ITA-I]

On the same provision

Other instruments in this library that name the same provision of the 1961 Act. They are not necessarily still operative, and a later one may have replaced an earlier one without saying so.

← Notification No. 159  ·  Notification No. 157 →

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.