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        Case ID :
        Income Tax

        Post Office (Monthly Income Account) (Amendment) Rules, 1992 - G.S.R. 430(E) - Income Tax Act, 1961

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        Post Office Monthly Income Account: deposits made on or after 24 April 1992 earn interest at 14% per annum. Amendment to rule 8(1) of the Post Office (Monthly Income Account) Rules, 1987 provides that deposits made on or after 24th April, 1992 shall bear interest at the rate of 14 per cent per annum, and the amendment comes into force on publication in the Official Gazette.
                      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.

                            Post Office Monthly Income Account: deposits made on or after 24 April 1992 earn interest at 14% per annum.

                            Amendment to rule 8(1) of the Post Office (Monthly Income Account) Rules, 1987 provides that deposits made on or after 24th April, 1992 shall bear interest at the rate of 14 per cent per annum, and the amendment comes into force on publication in the Official Gazette.


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