Amendment status not verified — confirm the current text below against the official source.
In Section 2 of the principal Act-- (a) after clause· IA, the following shall be inserted as clause lB, namely:- ''lB ''Business" includes- (i) any trade, commerce or manu- facture or any ·adventure or concern in the nature of trade, commerce or manufacture, whe- ther or not such trade, commer- ce, manufac1ure, adventure or I' THE ASSAM GAZETT:.!:, EXTRAORDINARY, DEC. 15, 1>17 ~59 ___£:._ _ ___ ' " . - ----- Amendment of Section 3 of Assam Act XI of 1956. concern is tarried on with the motive to make gain or pro- fit and whether or not any gain or profit accrues from such trade, commerce, manufacture, adventure or concern ; and (ii) any transaction in connection with, or incidental or anci- llary to, such trade, commerce, manufacture, adventure or con- cern;'' (b) for clause 2, the following shall • be substitukd, namely :- "2. "Dealer" means any person who carries on the business of selling taxable goods in Assam. Explanation- The manager or agent of a dealer who resides outside Assam and carries on the business of selling taxable goods in Assam shall in respect of such business be deemed to be a dealer for the purposes of this Act."