Section 5
. On the balance of total income.
5 . On the balance of total income.
Nine pies in the rupee.
One anna and three pies in
the rupee.
Two annas in the rupee.
Two a'nnas and six . the rupee .
C . -In the case of every CompanyOn the whole total income
Two annas and the rupee.
pies in
six pies in
Provided always that-
(i) No agricultural income-tax sball be payable on a total agricultural income which does not exceed Rs.S,OOO, and
(ii) the agricultural income-tax payable shall in no
case exceed half the amount by which the total agricultural income exceeds Rs. 3,000.
*For Objects and Reasons see Assam Ga{.etle page I dat ,c ,cd Uth February., 1941, Part V.
•
Roop's Law Assist