Clause 32
Amendment of section 43E
of Income Tax (Amendment) Bill
BillNot in forceProvision 32 of 49
Clause 32
Section 43E(5) of the principal Act is amended —
(a)
by deleting the words “its issued capital is” in paragraph (a) and substituting the words “the total number of its issued shares are”;
(b)
by deleting the words “issued capital” in paragraph (b) and substituting the words “total number of the issued shares”; and
(c)
by deleting the word “is” in paragraph (b) and substituting the word “are”.