Indian Income-Tax Act, 1922
Section - 67B - Act to have effect pending legislative provision for charge of income-tax
[67B. Act to have effect pending legislative provision for charge of income-tax.—If on the 1st day of April in any year provision has not yet been made by [a Central Act] for the charging of income-tax for that year, this Act shall nevertheless have effect until such provision is so made as if the provision in force in the preceding year or the provision proposed in the Bill then before [Parliament], whichever is more favourable to the assessee, were actually in force.]
Inserted by s. 7, I.T. Law Amendment Act, 1940. Substituted for "an Act of the Indian Legislature" by Adaptation of Laws Order, 1950. Substituted for "the Legislature", Adaptation of Laws Order, 1950.
[As amended up to date]
.... To read the full section download the app from Google Play store
CAclubindia
