Notification No. 825

Annuity deposits made or recovered during the year 1970-71 shall bear interest at the rate of 4 1/4 per cent notified under section 280D

What this is

Notification No. 825 was published on 11 May 1970. Its subject is Annuity deposits made or recovered during the year 1970-71 shall bear interest at the rate of 4 1/4 per cent notified under section 280D.

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.280D	s.498

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.

In pursuance of the provisions of section 280D of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies that annuity deposits made or recovered during the year 1970-71 shall bear interest at the rate of 4 1/4 per cent. (approximately) per annum

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. 631 — Annuity deposits made or recovered during the year 1978-79 shall bear interest at the rate of 4 1/4 per cent notified un 2 May 1978
Notification No. 707 — Annuity deposits made or recovered during the year 1977-78 notified under section 280D 21 May 1977
Notification No. 348 — Annuity deposits made or recovered during the year 1974-75 shall bear interest at the rate of 4 1/4 per cent notified un 27 March 1974
Circular No. 17 — 1341. Whether annuity receivable under annuity deposit scheme is covered within the meaning of clauses (e)(iv) 10 June 1969

← Notification No. 2321 · Notification No. 1416 →

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.