Clause 42
Amendment of section 45A
of Income Tax (Amendment) Bill
BillNot in forceProvision 42 of 53
Clause 42
Section 45A of the principal Act is amended by inserting, immediately after subsection (2C), the following subsection:“(2D) Subsection (1) shall not apply to any payment liable to be made on or after 17th February 2012 under any agreement or arrangement for the charter of any ship.”.