A Collection of the Acts Passed by the Governor General of India in Council in the Year 1919

asmay be prescribed on the capital of the business as existing at the end of the accounting period i.n which case the capital of the business shall for the purposes of this Act be ascertained in accordance with the provsions of Schedule 11; or (b) at the option of the person by whom excess profits duty in respect of the business is payabl(i) if the profits of the business have been asses [...] in the business in the years adopted for the purpose of determining the standard profits is less or more than the capital so employed at the end of the accouning period there shall be made to or from the standard profits an addition or a deduction as the case may be which shall bear to the standard profits the same proportion as such increase or decrease of capital bears to the average capit [...] Rxplanation.—For the purpose of ascertaining the average capital eployed the capital employed in the business in any year shall be deemed to be the capital so employed at the end of that year : Provided further that if the assessment in any of the said years was made in respect of a period of less than twelve months that assessment shall for the purpose of determining the standard profits b [...] [ACT X (f) the liability of any part of the profits of the business to excess profits duty in the United Kingdom or (g) any special circumstances connected with the nature of the business or the period for which any profits are ascertained or determined the provisions of this Act for the calculation of excess profits duty operate unfairly in his case the Collector may make such allowances in ca [...] Provided that if the area so specified is outside the province the concurrence of the Local Government of that area to the making of the order shall first have been obtained ; (d) shall abstain from any act so specified which in the opinion of the Local Government is calculated to disturb the public peace or is prejudicial to the public safety ; and (e) shall report himself tc the officer in