Section 7
Calculation of direct tax payable by the employer.— 3 [Any direct tax payable by the employer] for any accounting year shall, subject to the following provisions, be calculated at the rates applicable to the income of the employer for that year, namely:-
7. Calculation of direct tax payable by the employer.— 3 [Any direct tax payable by the employer] for any accounting year shall, subject to the following provisions, be calculated at the rates applicable to the income of the employer for that year, namely:-
(a) in calculating such tax no account shall be taken of --