Income-tax and super-tax

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... year 1962-63 as they apply in relation to income-tax and super-tax for the financial year 1961-62 with the following modifications, namely:- (i) in section 2,- (a) for the figures "1960", "1961" and "1962", wherever they occur, the figures "1961", "1962" and "1963" shall respectively be substituted; (b) in clause (b) of sub-section (1), for the words and figures "sectio....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....sub-section (6), the following sub-section shall be substituted, namely:-- "(6) For the purposes of this section, and of the rates of tax imposed thereby, the expression 'assessment year' has the meaning assigned to it in clause (9) of section 2 of the Income-tax Act; the expression 'total income' means total income as determined for the purposes of income-tax or super-tax....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s chargeable under the head 'Income from other sources' if it is immediately derived from personal exertion or represents a pension or superannuation or other allowance given to the assessee in respect of his past services or the past services of any deceased person; and  includes any such income which, though it is the income of another person, is included in the assessee&#3....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....lause (vii) of clause (31) of section 2 of the Income-tax Act" shall be substituted; (B) in Part II- (i) in Paragraph C, for the words, brackets, figures and letter "clause (5B) of section 2", the words, brackets and figures "clause (19) of section 2" shall be substituted; (ii) in Paragraph D- (1) in the first proviso, in clause (i)- (a) in sub-clause (....