Notification No. 237E

Following scheme of the Canbank Mutual Fund as the scheme having regard to the plan of payment of income to the unitholders for th specified under section 194K

What this is

Notification No. 237E was published on 21 March 1996. Its subject is Following scheme of the Canbank Mutual Fund as the scheme having regard to the plan of payment of income to the unitholders for th specified under section 194K.

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.194K	s.393, s.402

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 (iii) of sub-section (2) of section 194K of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the following scheme of the Canbank Mutual Fund as the scheme having regard to the plan of payment of income to the unitholders for the purpose of the said clause, namely :--

------- Description of Period of Date of redemption the scheme subscription of scheme ------- (1) (2) (3) ------- Canstar (80L) 15-8-1990 to 16-9-1990 Continuous repurchase after the expiry of three years from the date of allotment. -------

Provided that this notification shall cease to have effect after the 17th September, 2000.

(Sd.) Aniruddha Kumar, Under Secretary to the Government of India.

[No. 10029/F. No. 133/123/95-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. 124 — Amendment of the Income-tax Rules under section 194K of the Income-tax Act, 1961 30 March 2005
Circular No. 6/2002 — 1058. Finance Act, 2002 - Threshold limits for deduction of tax at source from income by way of dividends and income fro 2 August 2002
Notification No. 820E — Schemes of the SBI Mutual Fund and GIC Mutual Fund given in the Table below as the schemes having regard to the plan of 28 September 1995
Notification No. 736E — Following Schemes of the Unit Trust of India as the Schemes having regard to the plan of payment of income to the unitho 23 August 1995

← Notification No. 249E · Notification No. 236E →

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.