Income Tax

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....7, as they apply in relation to income-tax for the assessment year commencing on the 1st day of April, 1966, with the following modifications, namely :- (a) in section 2, - (i) for the figures "1966" wherever they occur, the figures "1967" shall be substituted; (ii) in sub-section (1), the brackets and figure "(2)" shall be omitted; (iii) sub-section (2) shall b....

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....of such articles from the exporter", the words "sale proceeds receivable by him from the exporter in respect of such articles sold to the exporter before the date aforesaid" shall be substituted; (b) in the First Schedule, in Paragraph F of Part I, for Explanation 1 to item I, the following Explanation shall be substituted, namely :- 'Explanation 1 : In clause (B), the expression....