Amendment status not verified — confirm the current text below against the official source.
In the principal Act, in section.3, after sub-section (2), a new sub-section (2A) shall be inserted, namely:- "(2A) Notwithstanding anything contained in sub-sections (I) and (2) and subject to sub-section (3),·no tax shall be .levied under sub-section(!) in respect of a tea estate owned by the Assam Tea Corporation Limited for a ocriod of five years on and from 1'1 January, 2005 during which the total area of specified lanll owned or held by the Assam Tea Corporation Limited art\! used for or 'intended to be used by them Juring tho~c year for growing tea onJ for pi:trposcs ancillary thereto. Provided that the State Government may, by notification in the Official Gazette, extend the period or exemption for further periods, not exceeding one year at a time, subject to such conditions and restrictions as may be specified in the said notification.''. M.K.DEKA,