Special Deposit Scheme notified to secure tax exemption under specified provision of income-tax law; applicability clarified for government scheme. Notification brings the Special Deposit Scheme, 1981 into the ambit of clause (15)(iia) of the income tax provision, stating that the scheme introduced on 4 February 1981 is notified under the statutory power conferred by that sub-clause and is to be treated for qualifying and fiscal consequences under the specified tax provision.
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.
Special Deposit Scheme notified to secure tax exemption under specified provision of income-tax law; applicability clarified for government scheme.
Notification brings the Special Deposit Scheme, 1981 into the ambit of clause (15)(iia) of the income tax provision, stating that the scheme introduced on 4 February 1981 is notified under the statutory power conferred by that sub-clause and is to be treated for qualifying and fiscal consequences under the specified tax provision.
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