Finance Act 2015
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Exemption in respect of water conservation grant | ||
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85. The Principal Act is amended by inserting the following section after section 192D: | ||
“Exemption in respect of water conservation grant | ||
192E. A payment made under section 5 of the Water Services Act 2014 shall be exempt from income tax and shall not be reckoned in computing income for the purposes of the Income Tax Acts.”. |