Notification No. 718

A notification under section 280Y of the Income-tax Act, 1961

What this is

Notification No. 718 was published on 23 February 1970. Its subject is A notification under section 280Y of the Income-tax Act, 1961.

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.280Y	no counterpart recorded

The instrument, as the Board published it

The department’s archive carries only the enacting words of this amendment. The amending text itself — the words that were inserted, substituted or omitted — is not in the archive, which says so on the ground that it is already in the body of the instrument amended. So what is below is where the power came from, not what changed: for that, read the rule or the section as it stood after this date, or the Gazette copy.

In pursuance of clause (d) of section 280Y of the Income-tax Act, 1961 (43 of 1961), of the Central Government hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue & Insurance) No. S.O. 3419, dated the 22nd September, 1967 [published at pages 1585-1586 of Part II, Section 3-- Sub-section (ii) of the Gazette of India Extraordinary, dated 22nd September, 1967], namely :--

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.

Circular No. 84 — Requirements to be satisfied by applicants for being eligible for concession envisaged under the section 23 May 1972
Circular No. 8 — Requirements to be satisfied by applicants for being eligible for concession envisaged under the section 24 March 1969
Notification No. 3419 — Areas shown in column (3) of the Schedule hereto annexed and forming part of the territory of the State or the Union ter 22 September 1967

← Notification No. 719 · Notification No. 1AT →

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.