Annuity deposits requirement removed; the statutory annuity-deposit scheme ceased operation and the chapter was omitted. Chapter XXII-A of the Income-tax Act established a statutory scheme for annuity deposits, was discontinued by legislative amendment so the scheme ceased ... Summary
Annuity deposits requirement removed; the statutory annuity-deposit scheme ceased operation and the chapter was omitted.
Chapter XXII-A of the Income-tax Act established a statutory scheme for annuity deposits, was discontinued by legislative amendment so the scheme ceased operation, and was later formally omitted from the statute book by a Finance Act.
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