Amendment status not verified — confirm the current text below against the official source.
The rates of Agricultural Income-tax for the year beginning on the 1st of April 1946, shall for the purpose of A51am Act Sections 3 and 6 of the Assam Agricultural Income-tax Act, 1939, IX of 1939, be the rates given below : A. In the case of every Hindu undivided or joint family- ( a) at the rate applicable under the list of rates contain- ed in paragraph B below to a sum equal to the share of a brother if such share exceeds Rs. 5,000 ; (b) at four pies in the rupee, if the share of the brother is Rs. 5,000 or less. Price 1 anna or 1 d. ' 2 B. In the case of every indiTidual, firm and other associa- tion of persons (otner than Companies)- Rate I. On the first Rs. 1,500 of total income Nil. %. On the next Rs. 3,500 of total income Nine pies in the rupee.