Section 56 - Amendment of section 3 of Act 45 of 1974 - Finance Act, 1994

Interest-tax 56. Amendment of section 3 of Act 45 of 1974. In section 3 of the Interest-tax Act, 1974, in sub-section (3), with effect from the 1st day of June, 1994,- (i) after the words Income-tax Officer , the words or Assistant Commissioner shall be inserted; (ii) for the words Director of Inspection , the word Director shall be substituted; (iii) for the words Inspecting Assistant Commissioner , the words Additional Commissioner of Income-tax or the Deputy Commissioner shall be substituted.