9. Section 32DDD of the principal enactment inserted by Act, No. 52 of 1998, is hereby further amended as follows :-
(1) in subsection (1) of that section, by the substitution, for the words and figures from "Where the taxable income" to "the tax shall be computed as follows :- of the following : - |
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(2) in subsection (2) of that section"
| | (i) in the proviso to paragraph (c) of that subsection, by the substitution, for the words "profits arising from such deemed sale.", of the words "profits arising from such deemed sale;" | | |
| | (ii) by the addition immediately after paragraph (c) of that subsection of the following paragraph :-
| | | "(d) undertaking for construed on work means an undertaking carried on by a resident person for the construction of any-
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