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Text of Scheme framed under sub-section (2) of sections 54, 54B, 54D, 54F and 54G and sub-section (4) of section 54F - GSR 725(E) - Income Tax Act, 1961
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Capital gains account authorisation: specified commercial bank branches may receive deposits and maintain accounts under the scheme. Authorisation is granted to the branches (except rural branches) of the specified scheduled commercial banks to receive deposits and maintain accounts under the Capital Gains Accounts Scheme, 1988; a rural branch is defined by a census-based population threshold and is excluded from this authorisation.
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.
Capital gains account authorisation: specified commercial bank branches may receive deposits and maintain accounts under the scheme.
Authorisation is granted to the branches (except rural branches) of the specified scheduled commercial banks to receive deposits and maintain accounts under the Capital Gains Accounts Scheme, 1988; a rural branch is defined by a census-based population threshold and is excluded from this authorisation.
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