Amendment of section 194.

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..... (B ) for the words at the rates in force , the words at the rate of ten per cent. shall be substituted; (C ) in the first proviso, (i ) in clause (a ), for the words an account payee cheque , the words any mode other than cash shall be substituted; (ii ) in clause (b ), f .....

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..... lause (b) or sub-clause (c) or sub-clause (d) or sub-clause (e) of clause (22) of section 2, deduct from the amount of such dividend, income-tax at the rates in force. It is proposed to amend the said section so as to bring the payment by any mode within the ambit of that section and also to provide for deduction at the rate of ten per cent. instead of the rates in force. It is further propo .....

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