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Notifies that annuity deposits made or recovered during the year 1977-78, shall bear interest at the rate of 4-1/4 per cent. - G.S.R.707 - Income TaxExtract Notifies that annuity deposits made or recovered during the year 1977-78, shall bear interest at the rate of 4-1/4 per cent. NOTIFICATION NO. G.S.R.707 DATED 21-5-1977 In pursuance of the provisions of section 280D of the Income-tax Act, 1961 (33 of 1961), the Central Government hereby notifies that annuity deposits made or recovered during the year 1977-78, shall bear interest at the rate of 4-1/4 per cent. (approximately) per annum. [F. No. 6(2)-PD/77]
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