Notification No. 165

Following debentures specified under section 80L

What this is

Notification No. 165 was published on 4 July 2003. Its subject is Following debentures specified under section 80L.

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 Act	Now
s.80L	no counterpart recorded

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 : 165

Section(s) Referred : s. 80L(1)(ii)

Date of Issue : 4/7/2003

Notification No. 165 of 2003, dt. 4th July, 2003

In exercise of the powers conferred by clause (ii) of sub-section (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the following debentures, in the nature of bonds, namely:

(i) the Industrial Development Bank of India Regular Income Bond (2002 C) of 13th Series bearing distinctive numbers from 131000001 to 131150592 under Option "A", from 131150593 to 131158923 under Option "B", from 131158924 to 131227651 under Option "C" and from 131227652 to 131240946 under Option "D", of the face value of Rs. 5,000 each;

(ii) the Industrial Development Bank of India Infrastructure Bond (2002 C) of 13th Series bearing distinctive numb88ers from 134000001 to 134209003 under Option "A", from 134209004 to 134239114 under Option "B", and from 134239115 to 134364904 under Option "C", of the face value of Rs. 5,000 each; and

(iii) the Industrial Development Bank of India Retirement Bond (2002 C) 13th Series bearing distinctive numbers from 133000001 to 133006529 under Option "A" and from 133006530 to 133008358 under Option "B", of the face value of Rs. 5,000 each (with minimum investment of Rs. 25,000), issued by the Industrial Devel88opment Bank of India, Mumbai, a Corporation established under s. 3 of the Industrial Development8 Bank of India Act, 1964 (10 of 1964) in its public issue of bonds in Fle)dbonds-13th Series (2001-02), for the purposes of the said clause.

[F.No. 178/36/2002-ITA-II]

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. 117 — Following debentures specified under section 3 24 March 2005
Notification No. 116 — Following debentures specified under section 3 24 March 2005
Notification No. 115 — Following debentures specified under section 3 24 March 2005
Notification No. 50 — A notification under section 3 of the Income-tax Act, 1961 11 February 2005
Notification No. 49 — Notification Notification No. 49/2005, Dated 11-2-2005 11 February 2005
Notification No. 48 — Following debentures specified under section 3 11 February 2005

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.