Section 2
. The rates of agricultural income-tax for the yea beginning on the 1st of April, 1941, shall for the purpose o sections 3 and 6 of the Assam Agricultural Income-tax Act, 1939, be the rates given below:-·
2 . The rates of agricultural income-tax for the yea beginning on the 1st of April, 1941, shall for the purpose o sections 3 and 6 of the Assam Agricultural Income-tax Act, 1939, be the rates given below:-·
Assam Act l.IC of 1939.
A .-In the case of every Hindu undivided or Joint
Family-
( a) at the rate applicable under the list of rates brother if such share
contained in paragraph B below to a equal to the share of a Rs.S,OOO;
(b) at four pies in the rupee, if the share of a brother
is Rs 5,000 or less .
-In the case of every individual, firm and other
B . association of persons (other than Companies)-
Rate.
On the first Rs.I,SOO of Nil.
total income.