Notification S.O. 733(E), dated 21st September, 1980 [N12-0P2]
As at 7 September 2026. In force from 21 September 1980.
S.O. 733(E).—In exercise of the powers conferred by section 10 of the Interest-tax Act, 1974 (45 of 1974), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts deductors whose the payment of sums liable to deduction does not exceed ten thousand rupees in value in a financial year from the provisions of section 4 of the said Act, subject to the condition that every such person shall intimate the Board in writing of the commencement of the payment of sums liable to deduction within sixty days of such commencement.
Made under
Recital: "In exercise of the powers conferred by section 10 of the Interest-tax Act, 1974 (45 of 1974), the Central Government, being satisfied that it is necessary in the public interest so to do". Names section 10 of the Interest-tax Act, 1974 (45 of 1974) [S1P-4JJ]. Vires verified.
Acts on (1)
Exempts Section 4, Interest-tax Act, 1974 [S1P-4CB], 21 September 1980. "section 4 of the said Act".
Acted on by (0)
none
Not held (0)
none