Finance Act, 1976
|
Amendment of section 142 (dependent relatives) of Income Tax Act, 1967. |
2.— Section 142 (1) (as amended by the Finance Act, 1975 ) of the Income Tax Act, 1967 , shall have effect— | |
(a) for the year 1975-76, as if— | ||
(i) for “£592”, in both places where it occurs, there were substituted “£605”, and | ||
(ii) for “£497” there were substituted “£510”, | ||
and | ||
(b) for the year 1976-77 and each subsequent year of assessment, as if— | ||
(i) for “£592”, in both places where it occurs, there were substituted “£670”, and | ||
(ii) for “£497” there were substituted “£575”. |