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Case law › Notifications › 2018 › Notification No. 77/2018 [F. No. 370149/194/2017-TPL] / SO 5608(E)
Notification 1 November 2018

Notification No. 77/2018 [F. No. 370149/194/2017-TPL] / SO 5608(E)

Ministry of Finance

What this is

Notification No. 77/2018 [F. No. 370149/194/2017-TPL] / SO 5608(E) was published on 1 November 2018. Its subject is Ministry of Finance.

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 ActNow
s.6s.6
s.25s.22
s.26s.24
s.71s.109

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.

MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 1st November, 2018
S.O. 5608(E).—In exercise of powers conferred by section 71 of the Prohibition of Benami Property Transactions Act, 1988 (45 of 1988) (hereafter referred to as the said Act) and in suppression of notification number S.O. 3288(E) dated the 25th October, 2016, except as respects things done or omitted to be done before such suppression, the Central Government hereby notifies that,─

(i) the Adjudicating Authority appointed under sub-section (1) of section 6 of the Prevention of Moneylaundering Act, 2002 (15 of 2003) shall discharge the functions of the Adjudicating Authority under the said Act, for the period beginning on 1st day of November, 2016 and ending on the date preceding the date on which the Adjudicating Authority appointed under the said Act commences discharging the functions of the Adjudicating Authority under the said Act, in respect of cases in which references have been received by it;

(ii) notwithstanding anything to the contrary contained in clause (i), the Adjudicating Authority appointed under sub-section (1) of section 6 of the Prevention of Money-laundering Act, 2002 (15 of 2003) shall pass order under subsection (3) of section 26 of the said Act in respect of case in which the said order is required to be passed before the expiry of two months from the end of the month in which the Adjudicating Authority appointed under the said Act commences discharging the functions of the Adjudicating Authority under the said Act;

(iii) the Appellate Tribunal referred to in section 25 of the Prevention of Money-laundering Act, 2002 (15 of 2003) shall discharge the functions of the Appellate Tribunal under the said Act, for the period beginning on 1st day of November, 2016 and ending on the date preceding the date on which the Appellate Tribunal established under the said Act commences discharging the functions of the Appellate Tribunal under the said Act, in respect of cases in which appeals have been filed before it.

This Notification shall come into effect from the date of its publication.

[Notification No.77/2018/F.No.370149/194/2017-TPL]

PRAVIN RAWAL, Director (Tax Policy & Legislation)

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.

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. A-12023(1)/15/2016-Admn.-III(LA)  ·  Notification No. ​Notification No. 76/2018 [F. No. 225/261/2018 ITA-II] →

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.