# The Finance Act, 1970, Section 22: Amendment of section 193

- Act: The Finance Act, 1970 (Act 19 of 1970)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1970/section/22/

## Text

Amendment of section 193 22. In section 193 of the Income-tax Act, in the proviso, after clause (ii), the following clauses shall be inserted, namely:— "(iia) any interest payable on 7-Year National Savings Certificates (IV Issue); or (iib) any interest payable on such debentures, issued by any co-operative society (including a co-operative land mortgage bank or a co-operative land development bank) or any other institution or authority, as the Central Government may, by notification in the Official Gazette, specify in this behalf; or". [Finance Act, 1970] © Copyright. Taxmann Publications Pvt. Ltd.

---
Published by eCourtsIndia together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957.