September 12, 2026

Section 354 – Indian Succession Act, 1925: No Interest on Arrears of Annuity Within First Year After Testator’s Death

The Indian Succession Act, 1925 — Part IX, Chapter XI: Of the Produce and Interest of Legacies

Section 354. No interest on arrears of annuity within first year after testator’s death

No interest is payable on the arrears of an annuity within the first year from the death of the testator, although a period earlier than the expiration of that year may have been fixed by the Will for making the first payment of the annuity.