Finance Act, 1976

Chapter II

Income Tax in Respect of Certain Emoluments

Extension of Chapter IV (income tax in respect of certain emoluments) of Part V of Income Tax Act, 1967.

15.—With effect as on and from the 6th day of April, 1976, Chapter IV of Part V of the Income Tax Act, 1967 , shall apply to all emoluments assessable to income tax under Schedule E other than the emoluments specified in paragraphs (b) and (c) of section 125 of the said Act.