Clause 48
Gifts to the Society exempt from income tax
of Singapore Society of Accountants Ordinance
BillNot in forceProvision 48 of 48
Clause 48
The Society shall be deemed to be an institution of a public character approved by the Minister for the purposes of the provisions of paragraph (c) of subsection (2) of section 37 of the Income Tax Ordinance (Cap. 166).