TMI BlogLiability to pay income-taxX X X X Extracts X X X X X X X X Extracts X X X X ..... (1), shall be the amount of income tax calculated at the rate specified in the First Schedule and in the manner provided therein. (3) However, if a person is a company, the liability to pay income-tax referred to in sub-section (1) shall be the higher of the following amounts:- (a) the amount of the liability calculated under sub-section (2); and (b) the amount calculated at the rate specified in ..... X X X X Extracts X X X X X X X X Extracts X X X X
|