Notification No. 1120E-

A notification under section 115ACA of the Income-tax Act, 1961

What this is

Notification No. 1120E- was published on 12 November 2001. Its subject is A notification under section 115ACA 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.115ACA	s.2, s.193

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.

Notification No. S.O. 1120(E), dated 12th November, 2001.

In exercise of the powers conferred by clause (a) of sub-section (1) of section 115ACA of the Income-tax Act, 1961 (43 of 1961), the Central Government specifies "the Issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme, 1993" notified, vide notification of the Government of India, Ministry of Finance, Department of Economic Affairs No. G.S.R. 700(E), dated the 12th November, 1993, as a scheme for the purpose of the said clause in respect of the assessment year 2001-2002 and subsequent assessment years.

(Sd.) Rahul Navin,

Under Secretary to the Government of India.

[Notification No. 348/2001/F. No. 142/60/2000-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. 11293 — A notification under section 115ACA of the Income-tax Act, 1961 28 March 2000

← Notification No. 1209E- · Notification No. 1053E- →

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.