Amendment status not verified — confirm the current text below against the official source.
In this Act, unless there is anything repugnant in the subject or context- (a) "agricultural income" means- (1) Any rent or revenue derived from land which is used for agricultural purposes, and is either assessed to land revenue in Assam or subject to a local rate assessed and collect- ed by officers of the Crown as such. t2) Any income derived from such land by- (t} agriculture, or (i1)the performance by a cultivator or receiver of rent-in-kind of any process ordinarily employed by a cultivator or receiver of rent- in-kind to render the produce raised or received by him fit to be taken to market, or (iii) the sale by a cultivator or receiver of rent-in-kind of the produce raised or received by him, in respect of which no process has Price : India annas 3. ] [ Pri~e : English 4d. = 2 been performed other than a process of the nature described in sub-clause (ii) ; Explanation. -Agricultural income derived from such land by the <!u!tivation of tea means that portion of the income derived from the cultivation, manufacture and sale of tea as is defined to be agricultural income for the purposes of the enactments relating to Indian Income-tax. (b) "agricultural income-tax" means the tax payable under this Act ; (c) "Agricultural Income-tax Officer" means a person appointed to be an Assam Agricultural I ncome-tax Officer under sub-section (2) of sec- tion 18; (d) "previous agricultural year" means the twelve months ending the 31st of March preceding the year for which the assessment is to be made, or, if the accounts of the assessee have been made up to a date within the said twelve months in respect of a year ending on any date other than the said 31st day of March, then at the option of the assessee the year ending on the day to which his accounts have so been made up ; Provided that, if this option has once been exercised by the assessee, it shall not again be exercised so as to vary the meaning of the expression "agricultural year" as then appli- cable to such assessee except with the consent of the Agricultural Incom~tax Officer and upon such <:onditions as he may thirik fit. (e) "assessee" means a person by whom agricultural income-tax is payable ; (f) "Assistant Commissioner of Agricul- tural Income-tax" means a person appointed to be an Assam Assistant Commissioner of Agricultural Income- tax under sub-section (2) of section 18; (g) "Board" means the Assam Board of Agricultural Income-tax appointed under sub-section (2) of section 18 ; (h) "Commissioner of Agricultural In- come-tax" means a person appointed to be an Assam Commissioner of Agricultural I ncome-tax under sub- section (2) of section 18 ; 0 3 {i) "Company" means a company as defined in the Indian Companies Act, 1913, or formed in pursuance vrr 0 f1913, of an Act of Parliament, or of Royal Charter, or Letters Patent, or of an Act of the Legislature of a British possession, and includes any foreign association carrying on business in British India, whether incorporated or not, and whether its principal place of business is situated in British India or not, which the Board may, by general or special order, dedare to be a Company for the purposes of this Act; ( j) "financial year" means the year beginning on the first day of April and ending on the thirty-first day of March next following ; (k) "firm" has the same mean.ing as in the Indian Partnership Act, 1932 ; IX. of 1932., (l) "landlord" has the same meaning as Assam (Temporarily-settled Dis- Assam Act in the tricts) Tenancy Act, 1935; III of 1935. Sylhet Tenancy Act, 1936; x~r;9 t6~t Goalpara Tenancy Act, 1929 ; Assam Act (m) "person" means any individual, or association of individuals, owning or holding property for himself or for any other or others or partly for his own benefit and partly for that of any other or others, either as owner, trustee, re- ceiver, common manager, administra- tor or executor or in any capacity recognised by law, and includes an undivided or joint Hindu Family, firm or company ; (n) "prescribed" means prescribed by Rules made under this Act ; ( o) "principal officer" used with reference to any company or association means:- (i) the secretary, treasurer~ manager or agent of the company or asso- ciation, or (ii) any person connected with the company or association upon whom the Agricultural Income- tax Officer has served a notice I of 1929. Charge of agricultural income-tax. lp) 4 of his intention of treating him as principal officer thereof ; and «total agricultural income" means t.he aggregate of amounts of agricul- tural income of the different classes specified in sections 7 and 8 as deter- mined respectively in the manner laid down in the said sections. CHAPTER II CHARGE OF AGRICULTURAL INCOME-TAX.