Notification No. LGL.55/2005/30 Dated 7th February, 2009

The following Act of the Assam Legislative Assembly which received the assent of the Governor is hereby published for general information

THE ASSAM PROFESSIONS, TRADES, CALLINGS AND EMPLOYMENTS TAXATION (AMENDMENT) ACT, 2009

ASSAM ACT NO. III OF 2009

(Received the assent of Governor on 9th February, 2009)

AN

ACT

Further to amend the Assam Professions, Trades, Callings and Employments Taxation Act, 1947.

Preamble.

Whereas it is expedient further to amend the Assam Professions, Trades, Callings and Employments Taxation Act, 1947 , (Assam Act VI of 1947.) hereinafter referred to as the principal Act, in the manner hereinafter appearing;

It is hereby enacted in the Sixtieth Year of Republic of India as follows:

1. Short title, extent and commencement.

(1) This Act may be called the Assam Professions, Trades, Callings and Employments Taxation Act, 2009.

(2) It shall have the like extent as the principal Act.

(3) It shall come into force at once.

2. Amendment of section 2.

In the principal Act, in section 2, in clause (f), -

(a) for the word "Explanation", the word and figure "Explanation I" shall be substituted.

(b) after the first Explanation, following new Explanation shall be inserted, namely:-

"Explanation II.- Every branch of a company, a firm, a corporation, a corporate body, a society, a club or other association of persons shall be deemed to be a separate person".

3. Amendment of Section 8A.

In the principal Act, in section 8A, for the words, "three years", appearing between the words, "at any time within" and "of the end of that year", the words "five years" shall be substituted.

4. Amendment of Section 12B

In the principal Act, in section 12B, for the words, "not exceeding hundred percentum", appearing between the words, "impose upon him a penalty" and "of the mount of tax due", the words "of minimum fifty percentum subject to a maximum of two hundred percentum" shall be substituted.