Notification No. 57E

Home Loan Account Scheme of the National Housing Bank established under section 3 of the National Housing Bank Act specified under section 88

What this is

Notification No. 57E was published on 31 January 1991. Its subject is Home Loan Account Scheme of the National Housing Bank established under section 3 of the National Housing Bank Act specified under section 88.

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.88	no counterpart recorded

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 (xiv) of sub-section (2) of section 88 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the Home Loan Account Scheme of the National Housing Bank established under section 3 of the National Housing Bank Act, 1987 (53 of 1987), for the purposes of the said clause for the assessment year 1991-92 and subsequent assessment years

(Sd.) Anil Vivian Singh, Under Secretary to the Government of India, [No. 8809/F. No. 142/25/90-TPL

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. 103/2024 [F.No. 370142/17/2024/TPL] / SO 4016(E) — 1st day of October appointed under section 88 19 September 2024
Notification No. 221 — Income-tax (24th Amendment) Rules, 2005 3 November 2005
Circular No. 6/2004 — 6/2004 dated 06 12 2004 6 December 2004
Circular No. 4/2004 — Tax Deduction at Source on income from Deep Discount Bonds 13 May 2004
Notification No. 144 — New Jeevan Akshay-II Plan of the Life Insurance Corporation of India specified under section 88 13 May 2004
Notification No. 09 — Amendment of the Income-tax Rules under section 88 of the Income-tax Act, 1961 12 January 2004

← Notification No. 58E · Notification No. 56E →

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.