Section - 60B - Indian Income-Tax Act, 1922

Section - 60B - Tax may be levied for period other than previous year or deducted at source or paid in advance, wherever so provided

[60B. Tax may be levied for period other than previous year or deducted at source or paid in advance, wherever so provided.—(1) Where by virtue of any provision of this Act income-tax or super-tax is to be charged in respect of the income of a period other than the previous year, the income-tax or super-tax, as the case may be, shall be charged accordingly.

(2) In respect of income chargeable under this Act, income-tax or super-tax shall be deducted at the source or paid in advance, where it is so deductible or payable under any provision of this Act.]

Retrospectively inserted by s. 10, Taxation Laws (Amendment) Act, 1960.

[As amended up to date]

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