Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Income-tax Act Section 48 Amended: Monetary Threshold Increased to Fifteen Thousand Rupees, Effective April 1, 1992.</h1> Section 48 of the Income-tax Act has been amended by the Finance (No. 2) Act, 1991. In sub-section (2), the monetary threshold has been increased from 'ten thousand rupees' to 'fifteen thousand rupees.' This amendment will take effect starting April 1, 1992.