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Amendment of section 194G.

Clause 76 - Bills - DIRECT TAXES - Bill - Clause 76 - 76. In section 194G of the Income-tax Act, in sub-section (1), with effect from the 1st day of June, 2016,- (i) for the words one thousand rupees , the words fifteen thousand rupees shall be subst .....

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ons contained in the aforesaid section, deduction of income-tax at the rate of ten per cent. shall be made in a case where, the amount of income exceeding one thousand rupees relating to stocking, distribution, purchase or sale of lottery tickets, wh .....

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