cover image: The Gazette of India  Extraordinary  Prt II  Section 1  New Delhi  Saturday  October 7  1950

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The Gazette of India Extraordinary Prt II Section 1 New Delhi Saturday October 7 1950

1950

30] NEW DELHI SATURDAY OCTOBER 7 1950 MINISTRY OF LAW Now Delhi the 7th October 1950 THE INDIAN INCOME-TAX (AMENDMENT) ORDINANCE 195o No. [...] WHEREAS Parliament is not in session and the President is satisfied that circumstances exist which render it necessary for him to take immediate action; Now THEREFORE in exercise of the powers conferred by clause (1) of article 123 of the Constitution the President is pleased to promulgate the following Ordinance:— 1. Short title and commencement.—(1) This Ordinance may be called the Indian Inc [...] 2. Amendment of section 9 Act XI of 1922.—During the period of operation of this Ordinance the Indian Income-tax Act 1922 (hereiafter referred to as the said Act) shall have effect as if to clause (iv) of sub-section (1) o section 9 there had been added the following Explantion nam ety — Explanation.—In this clause ‘annual charge’ does not include and shall be deemed never at any time [...] 1 4. Special procedure for revision in certain cases.—Where in respect of any assessment of an assessee under the heard inctme from property". [...] other than an assessment referred to in section 3 an allowance has between the 26th day of May 1950 and the commencement of this Ordnance been made by an Income-tax authority or the Appellate Tribunal in respect of any municipal tax or other taxes levied by any local authority or State Government as an annual charge not being a capital charge the Income-tax Officer shall revise the assess
government politics public policy
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2
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India
SARF Document ID
sarf.100008
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The Gazette of India Extraordinary Prt II Section 1 New Delhi Saturday October 7 1950
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