Central Government specifies the National Savings Certificates (VIII Issue), issued under the Government Savings Certificates Act, 1959 (46 of 1959), as saving certificates u/s 88(2)(xi)) - S.O.54(E) - Income Tax Act, 1961
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Specification of savings certificates: national savings certificates (VIII Issue) recognised under section 88(2)(xi) for assessment years. Central Government specifies National Savings Certificates (VIII Issue), issued under the Government Savings Certificates Act, 1959, as qualifying saving certificates for the purposes of clause (xi) of sub section (2) of section 88 of the Income tax Act, 1961, by notification, applying to the stated assessment year and subsequent assessment years.
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Specification of savings certificates: national savings certificates (VIII Issue) recognised under section 88(2)(xi) for assessment years.
Central Government specifies National Savings Certificates (VIII Issue), issued under the Government Savings Certificates Act, 1959, as qualifying saving certificates for the purposes of clause (xi) of sub section (2) of section 88 of the Income tax Act, 1961, by notification, applying to the stated assessment year and subsequent assessment years.
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