Amendment of section 94 of Act 18 of 2005

Section 144 of the Finance Act, 2007 deals with amendment of section 94 of Act 18 of 2005. Amendment of section 94 of Act 18 of 2005.

Amendment of section 94 of Act 18 of 2005.

144. In Chapter VII of the Finance Act, 2005, in section 94, with effect from the 1st day of June, 2007,—

(a ) in clause (5), the words "and includes an office or establishment of the Central Government or the Government of a State" shall be omitted;

(b ) in clause (8),—

(i) in sub-clause (a), in item (i), for the words "twenty-five thousand rupees", the words "fifty thousand rupees" shall be substituted;

(ii) in sub-clause (b), in item (i), for the words "twenty-five thousand rupees", the words "fifty thousand rupees" shall be substituted.

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Section 144, The Finance Act, 2007.