Finance Act, 1921

Amendment of Rule 3 (c) of the rules applicable to Cases I. and II. of Schedule D.

31. The proviso to paragraph (c) of Rule 3 of the rules applicable to Cases I. and II. of Schedule D. in the Income Tax Act, 1918, shall have effect as though the words “shall not, unless in any particular case the “Commissioners are of opinion that, having regard to “all the circumstances, some greater sum ought to be “deducted, exceed two-thirds,” were therein substituted for the words “shall not exceed two-thirds.”