Dividend tax attributable to agricultural income now imposes a fixed company rate and a capped liability for individual shareholders. The substituted clause (b) to Section 235 provides that on the portion of the dividend attributable to the profits of the company assessed to agricultural income tax: (i) where the shareholder is not a company, the amount of income tax payable by him under this Act shall not exceed income tax calculated at the rate of twenty five per cent; and (ii) where the shareholder is a company, the tax shall be twenty five per cent.