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    <title>Amendment of section 280C</title>
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    <description>Amendment revises timing and method for making an annuity deposit: earlier assessment-year deposits continue under the advance-deposit provisions, while for later assessment years a depositor may pay during the financial year immediately preceding the assessment year in one sum or by instalments at rates fixed in the annual Finance Act; the Income-tax Officer may, under a scheme and subject to conditions, permit deposits after that financial year, which shall be deemed annuity deposits for the relevant assessment year.</description>
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      <description>Amendment revises timing and method for making an annuity deposit: earlier assessment-year deposits continue under the advance-deposit provisions, while for later assessment years a depositor may pay during the financial year immediately preceding the assessment year in one sum or by instalments at rates fixed in the annual Finance Act; the Income-tax Officer may, under a scheme and subject to conditions, permit deposits after that financial year, which shall be deemed annuity deposits for the relevant assessment year.</description>
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