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        Section 3 - Annuity deposit

        Finance Act, 1966
        Chapter II
        INCOME-TAX AND ANNUITY DEPOSITS FOR THE FINANCIAL YEAR 1966-67

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        Annuity deposit obligation: eligible taxpayers must make deposits at prescribed rates under the applicable tax chapter. Annuity deposit obligations require persons subject to the applicable tax chapter to make deposits for the assessment and financial year at rates specified in the Second Schedule, with key terms - adjusted total income, annuity deposit and depositor - defined by reference to the Income-tax Act clauses.
                          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 obligation: eligible taxpayers must make deposits at prescribed rates under the applicable tax chapter.

                                Annuity deposit obligations require persons subject to the applicable tax chapter to make deposits for the assessment and financial year at rates specified in the Second Schedule, with key terms - adjusted total income, annuity deposit and depositor - defined by reference to the Income-tax Act clauses.


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