Singapore legislation

Clause 22

of Income Tax (Amendment) Bill

Clause 22

Amendment of section 73

Section 73 of the principal Act is amended by inserting, immediately after subsection (3), the following subsection:“(4) This section shall also apply, with the necessary modifications, to any assessment made under subsection (1) or (2) which results in any unabsorbed allowances or losses.”.

Clause 22 — Income Tax (Amendment) Bill | laws.sg