In section 2 of the Income-tax Act, 1961 (43 of 1961), (hereinafter referred to as the Income-tax Act), in sub-clause (iv) of clause (14), after the figures "1977", the following shall be, and shall be deemed to have been, inserted with effect from the 1st day of April, 1965, namely :-
"or 7 per cent. Gold Bonds, 1980".