Finance (Increase of Income Tax) Act, 1931
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Increase of income tax for the year 1931-32. |
1.—Income tax shall be charged for the year beginning on the 6th day of April, 1931 at the rate of three shillings and sixpence in the pound instead of the rate of three shillings in the pound mentioned in sub-section (1) of section 1 of the Finance Act, 1931 (No. 31 of 1931), and sub-section (3) of that section shall, subject to the provisions of this Act, apply in relation to the said income tax to be charged under this section in like manner as it applied in relation to the income tax charged under that section. |