Clause 28
Amendment of section 40D
of Income Tax (Amendment No. 3) Bill
BillNot in forceProvision 28 of 64
Clause 28
Section 40D of the principal Act is amended by inserting, immediately after subsection (3), the following subsection:“(3A) To avoid doubt, for the purpose of subsection (3), section 39A applies to the computation of the tax that would be payable by a resident of Singapore in the circumstances mentioned in that subsection.”.