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Case lawNotifications2017 › Notification No. S.O. 1218(E)
Notification 19 April 2017

Notification No. S.O. 1218(E)

2620 Gi/2017 (1)

What this is

Notification No. S.O. 1218(E) was published on 19 April 2017. Its subject is 2620 Gi/2017 (1).

What it does

The Central Government, under clause (c) of section 199B of the Finance Act, 2016, amends clause 5 of the Pradhan Mantri Garib Kalyan Deposit Scheme notified by S.O. 4061(E) dated 16 December 2016, as already amended by S.O. 204(E) dated 19 January 2017 and S.O. 365(E) dated 7 February 2017. The substituted clause 5 provides that the effective date of opening of the Bonds Ledger Account shall be the date of receipt of deposits by the Reserve Bank of India from the authorised banks, where the due tax, surcharge and penalty has been received till 31 March 2017, with a further proviso that the date of deposit shall in no case be extended beyond 30 April 2017.

Who it reaches

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.3s.3
s.199Bno counterpart recorded

The instrument, as the Board published it

The department publishes this one only as a PDF, so the words below were read out of that PDF by machine. That reading can carry its own mistakes — a misread number, a broken line. Check the signed document before you rely on a figure in it.

2620 GI/2017 (1)
jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99
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EXTRAORDINARY
Hkkx II—[k.M 3—mi&[k.M (ii)
PART II—Section 3—Sub-section (ii)
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PUBLISHED BY AUTHORITY
la- 1077] ubZ fnYyh] cq/okj] vizSy 19] 2017@pS=k 29] 1939
No. 1077] NEW DELHI, WEDNESDAY, APRIL 19, 2017/CHAITRA 29, 1939

िवत् त मᮢालय ं
(आिथक काय िवभाग) र्
अिधसूचना
नई िदल् ली, 19 अᮧल, 2017 ै

ᮧधान मंᮢी गरीब कल् याण जमा योजना, अिधसचना स ू .का.आ.4061 (अ) म ं सᱶ शोधन ं

का.आ. 1218(अ).—िवत् त अिधिनयम, 2016 (2016 का 28) (इससे आगे इसे अिधिनयम कहा जाएगा) की धारा 199 ख के
खंड (ग) ᳇ारा ᮧदत् त शिक् तयᲂ का ᮧयोग करत हुए, क े ᱶᮤ सरकार एत᳏ारा िदनांक 16 िदसंबर, 2016 की अिधसूचना सं. का.आ. 4061(अ),
िदनांक 19 जनवरी, 2017 की अिधसूचना सं. का.आ. 204(अ) मᱶ संशोधन और आगे िदनांक 07 फरवरी 2017, की अिधसूचना
सं. का.आ. 365(अ) मᱶ संशोधन के तहत अिधसूिचत ᮧधानमᮢी गरीब कल् ं याण जमा योजना के खड 5 म ं ᱶ िविन᳸दष् ट शतᲄ मᱶ संशोधन करती ह । ै

2. मूल अिधसूचना के खड 5 क ं े स् थान पर िनम् निलिखत को ᮧितस् थािपत िकया जाएगा:

"5. जमा की ᮧभावी तारीख– बाड ल ं जर खात े को खोलन े की ᮧभावी तारीख अिधक े ृत बᱹकᲂ स भारतीय िरजव े बर् क ᳇ारा ᱹ
जमा ᮧाि᳙ की तारीख होगी; िजसमᱶ 31 माचर्, 2017 तक दय कर, अिधभार और ज े मा ु र्ना ᮧा᳙ हो गया ह; ै
यह भी ᳞वस्था की गई ह िक िकसी भी मामल ै मᱶ ᱶ जमा की तारीख 30 अᮧैल, 2017 स आग े े नहᱭ बढ़ाई जाएगी। ं

भारत के राष् ᮝपित के आदश स े , े

[फा. सं. 3(1)-डब्ल्यूएंडएम/2016]

ᮧशांत गोयल, संयुक् त सिचव

2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]

MINISTRY OF FINANCE
(Department of Economic Affairs)

NOTIFICATION

New Delhi, the 19th April, 2017

Amendment to Pradhan Mantri Garib Kalyan Deposit Scheme, Notification No S.O. 4061 (E)

S.O. 1218(E).—In exercise of the powers conferred by clause (c) of section 199B of the Finance Act, 2016 (28 of 2016) (hereinafter referred to as the Act), the Central Government hereby amends the conditions specified in clause 5 of the Pradhan Mantri Garib Kalyan Deposit Scheme notified vide Notification No. S.O.4061 (E) dated December 16, 2016, amended vide Notification No. S.O. 204(E) dated January 19, 2017 and further amended vide Notification No. S.O. 365 (E) dated February 07, 2017.

2. In place of clause 5 of the original notification the following shall be substituted:

"5. Effective date of deposit — The effective date of opening of the Bonds Ledger Account shall be the date of receipt of deposits by the Reserve Bank of India from the authorized banks; wherein the due tax, surcharge and penalty has been received till 31st March, 2017;
Provided further that the date of deposit shall in no case be extended beyond 30th April, 2017."

By Order of the President of India,

[F. No. 3(1)-W&M/2016]

PRASHANT GOYAL, Jt. Secy.

Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

From when

Not stated in the extract.

What to watch

Where you meet it

In the Bonds Ledger Account opened for a declarant under the Pradhan Mantri Garib Kalyan Deposit Scheme and in any dispute about whether the deposit was timely.

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.31/2017[F.No.225/46/2016-ITA-II]  ·  Notification No.28/2017, F.No.370142/10/2017-TPL/S.O. 1057(E) →

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.