Text of Scheme framed under sub-section (2) of sections 54, 54B, 54D, 54F and 54G and sub-section (4) of section 54F - GSR 725(E) - Income Tax

Notification Dated 22-6-1988. Text of Scheme framed under sub-section (2) of sections 54, 54B, 54D, 54F and 54G and sub-section (4) of section 54F GSR 725(E),- In pursuance of clause ( e ) of paragraph 2 of the Capital Gains Accounts Scheme, 1988 , the Central Government hereby authorises all the branches (except rural branches) of the banks specified in column (2) of the Table below to receive deposits and maintain accounts, under the said Scheme : TABLE Sl. No. Name of the Bank 1. State Bank of India 2. State Bank of Bikaner Jaipur 3. State Bank of Hyderabad 4. State Bank of Indore 5. State Bank of Mysore 6. State Bank of Patiala 7. State Bank of Saurashtra 8. State Bank of Travancore 9. Central Bank of India 10. Bank of India 11. Punjab National Bank 12. Bank of Baroda 13. UCO Bank 14. Canara Bank 15. United Bank of India 16. Dena Bank 17. Syndicate Bank 18. Union Bank of India 19. Allahabad Bank 20. Indian Bank 21. Bank of Maharashtra 22. Indian Overseas Bank 23. Andhra Bank 24. Corporation Bank 25. New Bank of India 26. Oriental Bank of Commerce 27. Punjab Sind Bank 28. Vijaya Bank Explanation : For the purposes of this notification, a rural branch, in relation to the bank specified in column (2) of the Table, means a branch which is situate and is functioning at a centre, the population whereof, in accordance with the 1981 Census is less than ten thousand.