31. Section 131 of the principal enactment amended by Act, No. 8 of 2001 is hereby further amended in subsection (2) of that section as follows :-"
(1) in paragraph (b) of the definition of "specified fee". by the substitution for the words and figures "to any year of assessment commencing on or after April 1, 2001", of the words and figures "to the year of assessment commencing on April 1, 2001". |
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(2) by the addition at the end of that subsection of the following :-"
| | (c) in relation to any year of assessment commencing on or after April 1, 2002, means any sum or sums aggregating to not less than-"
| | | (i) fifty thousand rupees per month ; and |
| (ii) five hundred thousand rupees a year in any other case, |
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