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Case law › Notifications › 1989 › Notification No. 986E
Notification 6 December 1989

Notification No. 986E

Any income arising to REDECON declared under section 10

What this is

Notification No. 986E was published on 6 December 1989. Its subject is Any income arising to REDECON declared under section 10.

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 ActNow
s.10s.11, s.19

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 exercise of the powers conferred by clause (6C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby declares that any income arising to REDECON, Australia Pty. Ltd., a company incorporated at St. Leonards, 2065 NSW, Australia, and NEDECO, a company incorporated having its office at Berge en Dalseweg 61-81, P. O. Box No. 151, 6500 AD, Nijmegent, Netherlands, by way of fees for technical services received in pursuance of the agreement dated 9th February, 1989, entered into by the Government of India for the project " Seabird ", shall not be taken into consideration for computing the total income of the said companies under the Income-tax Act, 1961.

[No. 8525 F. No. 500/59-89--F. T. D.

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. 1226  ·  Notification No. 984E →

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.