607E : Notification: G.S.R.607(E) Date of Issue: 9/6/1989

Notification: G.S.R.607(E) Date of Issue: 9/6/1989

Notification: G.S.R.607(E)

Section(s) Referred: 10 ,10(15) ,10(15)(i)

Statute: INCOME TAX

Date of Issue: 9/6/1989

In exercise of the powers conferred by sub-clause (i) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the securities, bonds, annuity certificates, savings certificates, other certificates issued by the Central Government and deposits mentioned in column (2) of the Table below and the maximum limit of the amount of the interest, premium on redemption and other payment mentioned in the corresponding entry in column (3) of the said Table for the purposes of the aforesaid provisions of the Income-tax Act, 1961, for the assessment year 1989-90 and subsequent assessment years.

TABLE ------- Sl. Name of Securities, bonds, annuity Maximum amount No. certificates, etc. ------- 1 2 3 -------

1. 12 years National Savings Annuity Certi- ficates Whole of the amount

2. National Defence Gold Bonds, 1980 Whole of the amount

3. Special Bearer Bonds, 1991 Whole of the amount

4. Treasury Savings Deposit Certificates (10 years) Whole of the amount

5. Post Office Cash Certificates (5 years) Whole of the amount

6. National Plan Certificates (10 years) Whole of the amount

7. National Plan Savings Certificates (12 years) Whole of the amount

8. Post Office National Savings Certificates (12 years/7 years) Whole of the amount

9. Post Office Savings Bank Accounts Whole of the amount

10. Public Account of the nature referred to in item (6) in the Table below rule 4 of the Post Office Savings Account Rules, 1981 Rs. 5,000

11. Post Office Cumulative Time Deposits Rules, 1981 Whole of the amount

12. Scheme of Fixed Deposits governed by the Government Savings Certificates (Fixed Deposits) Rules, 1968 Whole of the amount

13. Scheme of Fixed Deposits governed by the Post Office (Fixed Deposits) Rules, 1968 Whole of the amount

14. Special Deposit Scheme, 1981 Whole of the amount -------

(Sd.) Arbind Modi, Under Secretary to the Government of India.

[No. 8387/F. No. 142/18/88-TPL