Amendment status not verified — confirm the current text below against the official source.
Levy of surcharge on agricultural mcome-tax.-The income- tax or super-tax payable by any person assessed to such tax under the Agncultural Income-tax Act, 1950, shall be increased by a surcharge at the rate of five per centum of the tax payable each year, and the prov1s1ons of the Agricultural Income-tax Act, 1950 shall apply to the levy and collection of the sa1d sur- charge.