Clause 15
Amendment of section 44
of Income Tax (Amendment) Bill
BillNot in forceProvision 15 of 22
Clause 15
Section 44 of the principal Act is amended by inserting, immediately after the word “company” in the eighth line of subsection (3) thereof, the words “(excluding tax payable at the rate of ten per cent or such other concessionary rate as may be prescribed under section 43A or 43C of this Act)”.