9911796707
TMI BlogIncome-tax and super-taxX X X X Extracts X X X X X X X X Extracts X X X X ..... r 1961-62 with the following modifications, namely:- (i) in section 2,- (a) for the figures 1960 , 1961 and 1962 , wherever they occur, the figures 1961 , 1962 and 1963 shall respectively be substituted; (b) in clause (b) of sub-section (1), for the words and figures section 55 of the Indian Income-tax Act, 1922(11 of 1922) , the words and figures section 95 of the Income-tax Act, 1961(48 of 1961) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssment year' has the meaning assigned to it in clause (9) of section 2 of the Income-tax Act; the expression 'total income' means total income as determined for the purposes of income-tax or super-tax, as the case may be, in accordance with the provisions of that Act, and the expression 'earned income' means any income of an assessee who is an individual, Hindu undivided family ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s past services or the past services of any deceased person; and includes any such income which, though it is the income of another person, is included in the assessee's income under the provisions of the Income-tax Act, 1961(43 of 1961), but does not include any such income on which tax is not payable under clause (iii) or clause (iv) or clause (v) of section 86 or clause (i) or clause (ii) o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ll be substituted; (ii) in Paragraph D- (1) in the first proviso, in clause (i)- (a) in sub-clause (a), for the figures 1962 , the figures 1963 shall be substituted and for the words, brackets, figures and letter sub-section (3D) of section 18 , the word and figures section 194 shall be substituted; (b) in sub-clause (b), for the words, brackets, figures and letter sub-section (9) of section 23A , ..... X X X X Extracts X X X X X X X X Extracts X X X X
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