Notification No. 352

Notification of a person, body or fund under section 35 of the Income-tax Act, 1961

What this is

Notification No. 352 was published on 18 December 2003. Its subject is Notification of a person, body or fund under section 35 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 Act	Now
s.35	s.45, s.66

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 : 352

Section(s) Referred : section 35(1) (ii)

Date of Issue : 18/12/2003

Notification No : 352 Date of Issue : 18/12/2003

In exercise of the powers conferred by sub-clause (h) of clause (iv) of sub-section (15) of Section10 of the Income Tax Act, 1961 (43 of 1961), the Central Government hereby specifies 5.8% Housing and Urban Development Corporation Limited (hereinafter referred to as HUDCO) Gujarat Punamirman Special Tax Free Bonds Series III-A of rupees 10 lakhs each, 5.90% HUDCO Gujarat Puriarnirman Special Tax Free Bonds Series III-B of rupees 10,lakhs each, 6.40% HUDCO Gujarat Punamirman Special Tax Free Bonds Series IV-A of rupees 10 lakhs each and 6.80% HUDCO Gujarat Punai-nirman Special Tax Free Bonds Series IV-B of rupees 10 lakhs each, issued by Housing and Urban Development Corporation Limited, New Delhi during 2002-2003 carrying an interest of 5.80%, 5.90%, 6.40% and 6.86°/o per.annum for a period of 7, 10, 10 and 10 years respectively for an amount of rupees 5 crore tender Series III-A, rupees 7.50 crore under Series III-B, rupees 55 crore under Series IV-A and rupees 16 crore under Series IV-B with following details:-

Series

Amount

Distinctive Number

1. III-A

rupees five crore

1 -- 50

2. III-B

rupees seven crore and fifty lakhs

51 - 125

3. IV-A

rupees fifty five crore

1 - 550

4. IV-B

Rupees sixteen crore

551 - 710

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.

F.N0.178/50/2003-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. 6/2026 — Order under clause iia of sub section 1 of section 35 of the income tax act 1961 read with rule 5F of the income tax rul 12 May 2026
Notification No. 43/2026 [F. No. 203/11/2025/ITA-II] / SO 1659(E) — इिु बाला, उप सजचि 30 March 2026
Notification No. 42/2026 [F. No 203/09/2025/ITA-II] / SO 1658(E) — इिुबाला, उप सजचि 30 March 2026
Notification No. 40/2026 [F. No. 203/07/2025/ITA-II] / SO 1657(E) — Ministry of Finance 30 March 2026
Notification No. 5/2026 — Order under clause iia of sub section 1 of section 35 of the income tax act 1961 read with rule 5F of the income tax rul 23 March 2026
Notification No. 24/2026 [F. No. 203/13/2025/ITA-II] / SO 1491(E) — Ministry of Finance 20 March 2026

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.