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<h1>Direct Tax Laws Amendment Act 1987: Section 187 Substitutes Tax Authorities in Companies Profits Surtax Act 1964</h1> Section 187 of the Direct Tax Laws (Amendment) Act, 1987 provides for substitution of authorities in the Companies (Profits) Surtax Act, 1964, effective April 1, 1988. The amendment replaces 'Commissioner' with 'Chief Commissioner or Commissioner,' 'Inspecting Assistant Commissioner' with 'Deputy Commissioner,' and 'Income-tax Officer' with 'Assessing Officer.' These substitutions apply throughout the Surtax Act unless context requires otherwise, with necessary grammatical adjustments.