October 30, 2026

Section 338 – Indian Succession Act, 1925: Commencement of Annuity When No Time Fixed by Will

The Indian Succession Act, 1925 — Part IX, Chapter IX: Of the Payment and Apportionment of Annuities

Section 338. Commencement of annuity when no time fixed by Will

Where an annuity is given by a Will and no time is fixed for its commencement, it shall commence from the testator’s death, and the first payment shall be made at the expiration of a year next after that event.