Amendment status not verified — confirm the current text below against the official source.
On the balance of total Two a'nnas and six. pies in income. the rupee. C.-In the case of every Company- On the whole total income Two annas and the rupee. six pies in Provided always that- (i) No agricultural income-tax sball be payable on a total agricultural income which does not exceed Rs.S,OOO, and (ii) the agricultural income-tax payable shall in no case exceed half the amount by which the total agricultural income exceeds Rs.3,000. *For Objects and Reasons see Assam Ga{.etle page I dat,cd Uth February., 1941, Part V. Assam Act l.IC of 1939.