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        Case ID :
        Income Tax

        Post Office (Monthly Income Account) (Second Amendment) Rules, 1993 - G.S.R. 585(E) - Income Tax Act, 1961

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        Post Office Monthly Income Account deposits made on or after 2 Sept 1993 bear interest at 13% per annum. Amendment to the Post Office (Monthly Income Account) Rules, 1987 inserts into rule 8(1) that deposits made on or after 2 September 1993 shall bear interest at the rate of 13 per cent per annum, the amendment coming 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 2 Sept 1993 bear interest at 13% per annum.

                            Amendment to the Post Office (Monthly Income Account) Rules, 1987 inserts into rule 8(1) that deposits made on or after 2 September 1993 shall bear interest at the rate of 13 per cent per annum, the amendment coming into force on publication in the Official Gazette.


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