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Income Tax (Amendment) Bill/Clause 8

Singapore legislation

Clause 8

of Income Tax (Amendment) Bill

Clause 8

Amendment of section 24

Section 24(2)(a) of the principal Act is amended by inserting, immediately after the word “Act” at the end of the proviso, the words “and unless the machinery or plant was not leased by the seller to the buyer before the sale”.

Read in full context — Income Tax (Amendment) Bill →
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