Income Tax Act, 1967.

Recovery of tax charged on profits not distrainable.

494.—(1) Where tax is charged on the profits of royalties, markets or fairs, or on tolls, fisheries or any other annual or casual profits not distrainable, the owner or occupier or receiver of the profits thereof shall be answerable for the tax so charged, and may retain and deduct the same out of any such profits.

(2) In every such case the Collector may distrain upon the persons respectively answerable, and may exercise all the powers in that behalf conferred by this Act.