Finance Act, 1974
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Amendment of section 4 of Income Tax Act, 1967. |
2.— Section 4 of the Income Tax Act, 1967 , is hereby amended by the substitution of “at any rate or rates, tax at that rate or at those rates, as may be appropriate,” for “at any rate, the tax at that rate” and the said section 4, as so amended, is set out in the Table to this section. | |
TABLE | ||
4. Where any Act enacts that income tax shall be charged for any year at any rate or rates, tax at that rate or at those rates, as may be appropriate, shall, subject to the provisions of this Act, be charged for that year in respect of all property, profits, or gains respectively described or comprised in the Schedules contained in the sections of this Act enumerated below, that is to say— | ||
Schedule C—Section 47; | ||
Schedule D—Section 52; and | ||
Schedule E—Section 109 | ||
and in accordance with the provisions of this Act respectively applicable to those Schedules. |