THE ASSAM AGRICULTURAL INCOME-TAX (AMENDMENT) ACT, 1959

ASSAM ACT XII OF 1959

9th May 1959

An Act further to amend the Assam Agricultural Income-tax Act, 1939. Whereas it is expedient to amend the Assam Agricultural Income-tax Act, 1939 (Assam Act IX of 1939), hereinafter called the principal Act, in the manner hereinafter appearing; It is hereby enacted in the Tenth Year of the Republic of India as follows:—

S.1 Short title, extent and commencement

(1) This Act may be called the Assam Agricultural Income-tax (Amendment) Act, 1959.

(2) It shall have the like extent as the principal Act.

(3) It shall come into force with effect from the 1st April, 1959.

S.2 Amendment of section 11 of Assam Act IX of 1939

In section 11 of the principal Act,—

• (i) for the words and figures "Rs.5,000", wherever they occur in the section, the words and figures "Rs.6,000" shall be substituted.
• (ii) in clause (b), for the figure and word "4 pies" the figure and words "2 naye paise" shall be substituted.

S.3 Deletion of section 17 of Assam Act IX of 1939

Section 17 of the principal Act shall be deleted.

S.4 Amendment of section 32 of Assam Act IX of 1939

In section 32 of the principal Act, for the words "fractions of an anna less than six pies shall be disregarded and fractions of an anna equal to or exceeding six pies shall be regarded as one anna" the words "if the amount is not a multiple of five naye paise, it shall be rounded off to the next higher multiple of five naye paise" shall be substituted.