Indian Bare Acts

THE TAXATION LAWS (AMENDMENT) ACT, 2003

Title : THE TAXATION LAWS (AMENDMENT) ACT, 2003

Year : 2003

In section 14 of the Expenditure-tax Act, 1987 (35 of 1987), for the words "one and one fourth per cent.", the words "one per cent." shall be substituted.

(1) The Taxation Laws (Amendment) Ordinance, 2003 is hereby repealed.

(2) Notwithstanding such repeal, anything done or any action taken under the Income-tax Act, 1961 (43 of 1961), the Wealth-tax Act, 1957 (27 of 1957) and the Expenditure-tax Act, 1987 (35 of 1987), as amended by the said Ordinance shall be deemed to have been done or taken under the corresponding provisions of those Acts, as amended by this Act.

Last updated on July, 2016

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