Annuity deposit requirement for persons under Chapter XXIIA to pay at prescribed rates; statutory definitions supplied. Annuity deposit obligations require persons to whom Chapter XXIIA applies to make annuity deposits for the assessment year and financial year commencing 1 April 1967 at the rates specified in the Second Schedule to the Finance Act, 1966, except as otherwise provided in Chapter XXIIA. The expressions adjusted total income, annuity deposit and depositor bear the meanings assigned under the specified clauses of section 280B of the Income-tax Act, 1961.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Annuity deposit requirement for persons under Chapter XXIIA to pay at prescribed rates; statutory definitions supplied.
Annuity deposit obligations require persons to whom Chapter XXIIA applies to make annuity deposits for the assessment year and financial year commencing 1 April 1967 at the rates specified in the Second Schedule to the Finance Act, 1966, except as otherwise provided in Chapter XXIIA. The expressions adjusted total income, annuity deposit and depositor bear the meanings assigned under the specified clauses of section 280B of the Income-tax Act, 1961.
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