Finance Act, 1976
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Returns by married women. |
11.—(1) Where an individual is required by notice, given under section 169 of the Income Tax Act, 1967 , to deliver a statement in writing of the total income in respect of which he is chargeable to tax and that income is or includes income of his wife, he may, within twenty-one days from the date of the receipt of the notice, notify the inspector by whom the notice was given that the income in respect of which he is chargeable to tax is or includes income of his wife. | |
(2) Where an inspector receives a notification under subsection (1) or where he is of opinion that the wife of the individual concerned is in receipt of income, he may, by notice given to the wife, require her to prepare and deliver to him, within the time limited by the notice and in the form required by the notice, a statement in writing, signed by her, setting out the amount of income arising to her from each and every source chargeable according to the respective schedules, estimated for the period specified in the notice and according to the provisions of the Income Tax Acts, whether or not she or her husband is the person chargeable to tax in respect of that income. | ||
(3) The delivery of a statement under subsection (2) shall not affect the provisions of section 192 of the Income Tax Act, 1967 . | ||
(4) Schedule 15 to the Income Tax Act, 1967 , is hereby amended by the insertion in column 2 thereof of “ Finance Act, 1976 , section 11 ”. | ||
(5) Section 169 of the Income Tax Act, 1967 , is hereby amended— | ||
(a) by the substitution in subsection (1) of “within the time limited by such notice” for “within the period limited by such notice”, and | ||
(b) by the insertion in paragraph (b) of that subsection of “specified in the notice” after “period”, | ||
and the said subsection (1), as so amended, is set out in the Table to this section. | ||
TABLE | ||
(1) Every person chargeable under this Act, when required to do so by a notice given to him by an inspector shall, within the time limited by such notice, prepare and deliver to the inspector, a statement in writing as required by this Act, signed by him, containing— | ||
(b) the amount of the profits or gains arising to him, from each and every source chargeable according to the respective schedules, estimated for the period specified in the notice and according to the provisions of this Act. |