Finance Act, 1981

Amendment of section 477 (time for payment of tax) of Income Tax Act, 1967.

12.Section 477 of the Income Tax Act, 1967 , shall have effect as if in subsection (2) (inserted by the Finance Act, 1980 )—

(a) “1981-82” were substituted for “1980-81” in paragraph (a), and

(b) “1981” were substituted for “1980”, and “1982” were substituted for “1981”, in each place where they occur, in paragraph (b).