Finance Act, 1970
Amendment of section 127 of Income Tax Act, 1967. |
5.— Section 127 (1) of the Income Tax Act, 1967 , is hereby amended by the insertion of the following paragraph after paragraph (f): | |
“(ff) for requiring an employer to notify the Revenue Commissioners— | ||
(i) of employees in a specified class or classes whose emoluments to which this Chapter applies are not likely to exceed, for the year of assessment, a specified amount, and | ||
(ii) of employees in a specified class or classes the aggregate of whose emoluments to which this Chapter applies have, at any time in a year of assessment, exceeded a specified amount;”. |