Amendment of section 109

Section 27 of the Finance Act, 1964 deals with amendment of section 109. Amendment of section 109 27. In section 109 of the Income-tax Act,— (a) for the words and figures "For the purposes of sections 104 and ", the words, figures and letter "For the purposes of sections 104, 105 and 107A" shall be substituted;

Amendment of section 109

27. In section 109 of the Income-tax Act,—

(a) for the words and figures "For the purposes of sections 104 and 105", the words, figures and letter "For the purposes of sections 104, 105 and 107A" shall be substituted;

(b) in clause (iii)—

(i) sub-clause (2) shall be omitted;

(ii) in sub-clause (3), for the words "in any of the activities specified in the preceding clause", the words "in the manufacture or processing of goods or in mining or in the generation or distribution of electricity or any other form of power" shall be substituted.

[Finance Act, 1964]

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Section 27, The Finance Act, 1964 (Act 5 of 1964).