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The rates of Agricultural Income Agricultural T f h b . . h 1 Income Tax. ax or t e year eg1nmng on t e st • day of April, 1978 shall, for the purposes of sections 3 and 6 of the Assam Agricul- tural Income Tax Act, 1939, be the rates given below :- A. In the case of every individual, Hindu undivided or joint family, firm and other association of persons (other than companies)- Rates {a) on the first Rs. 1,000 of Nil total income. (b) on the next Rs. 2,500 of Five paise in the rupee. total income. _!_IJt_ ASSAM GAZETTE, EXTRA~RDINARY, APRIL 1, L 978 4e9 (c) on the next Rs. 2,500 of total income. (d) on the next Rs. 2,500 of total income. (e) on the next Rs. 2,500 of total income. (f) on the next Rs. 2,500 of total income. (g) on the next Rs. 5,000 of total income. (h) on the next Rs. 30,000 of total income. (i) on the next Rs. 50,000 of total income. (j) on the next Rs. 1,00,000 of total income. (k) on the balance of total income. Rates Nine paise m the r upee. Fourteen paise in the rupee. Seventeen paise in the rupee. Twenty-one ·paise in the rupee. Twenty-nine paise in the rupee. Thirty·nine paise in the rupee. Fifty-two paise in the rupee. Sixty-five paise m the rupee. Seventy paise in the rupee. B. In the case of every company- (a) The total income of which does not exceed Rs.1,00,000, on the whole of total income. (b) The total income of which exceeds Rs. l,00,000 but does not exceed Rs. 2,00,000, on the whole of total income. (c) The total income of which exceeds Rs. 2,00,000, on the whole of total income. Fifty-two paise in the rupee. Sixty-five paise in the rup ee. Seventy paise in the rupee. PTovided that for the purposes of this section- (i) no Agricultural Income-Tax shall be payable on a total Agricultural Income which does not exceed Rs. 8,000; " 410 THE ASSAM GAZETTE, EXTRAORDINARY, APRIL 1, 1978 (ii) .in respect of paragraph A, the Agricultural Income Tax payable shall not exceed half the amount by which the total Agricultural Income exceeds Rs. 8,000 ; and (iii) in respect of paTagraph B, the Agricultural Income Tax payable shall not exceed the difference between the total Agricultural Income and the following limits:- (a) rupees foTtY-eight thousand in- creased by one percent of the excess of the total agricultural income over Rs. 1,00,000' in the case of every company the total agricultural income of which exceeds Rs. 1,00,000 but does not exceed Rs. 2,00,000 ; (b) rupees seventy thousand increas- ed by two and half percent of the excess of the total agricultural income' over Rs. 2,00,000 in the case of every company the total agricultural income of which exceeds Rs. 2,00.000. - Rates of