THE ASSAM TAXATION LAWS (AMENDMENT) ACT, 1998

{
    "id": 3352,
    "slug": "assam-taxation-laws-amendment-act-1998",
    "title": "THE ASSAM TAXATION LAWS (AMENDMENT) ACT, 1998",
    "short_title": "The Assam Taxation Laws (Amendment) Act, 1998",
    "act_number": "VI",
    "act_year": 1998,
    "act_type": "STATE",
    "location": "Assam",
    "law_status": "unknown",
    "enactment_date": "1998-05-30",
    "description": "The Assam Taxation Laws (Amendment) Act, 1998",
    "preamble": "",
    "section_label": "Section",
    "sections": [
        {
            "number": "1",
            "title": "An ACT",
            "chapter": null,
            "content": "AN ACT further to amend the Assam Taxation (On Specified Lands) Act, 1990 and the Assam Agricultural Income Tax Act, 1939.\nWhereas it is expedient further to amend the Assam Taxation (On Specified Lands) Act, 1990 and the Assam Agricultural Income Tax Act, 1939, in the manner herein-after appearing;\nIt is hereby enacted in the Forty-ninth Year of the Republic of India as follows:-",
            "footnote": "Assam Act-XII of 1990 and Assam Act IX of 1939.",
            "is_definition": false,
            "sort_order": 0
        },
        {
            "number": "1",
            "title": "Section 1. Short title, and commencement.",
            "chapter": null,
            "content": "1.(1) This Act may be called the Assam Taxation Laws (Amendment) Act, 1998.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 10
        },
        {
            "number": "1",
            "title": "Section 1(2)",
            "chapter": null,
            "content": "(2) It shall be deemed to have come into force on the 1st day of April, 1998.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 20
        },
        {
            "number": "4",
            "title": "CHAPTER I - Amendment to the Assam Taxation (On Specified Lands) Act, 1990.",
            "chapter": "CHAPTER I",
            "content": "CHAPTER-I\nAmendment to the Assam Taxation (On Specified Lands) Act, 1990.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 30
        },
        {
            "number": "2",
            "title": "Section 2. Amendment of Section-5.",
            "chapter": null,
            "content": "2. In the Assam Taxation (On Specified Lands) Act, 1990, in section 5, -",
            "footnote": "Assam Act-XII of 1990.",
            "is_definition": false,
            "sort_order": 40
        },
        {
            "number": "2",
            "title": "Section 2(i)",
            "chapter": null,
            "content": "(i) in clause (c), for the word \"thirty\" occuring at the beginning, the word \"thirty two\" shall be substituted;",
            "footnote": "",
            "is_definition": false,
            "sort_order": 50
        },
        {
            "number": "2",
            "title": "Section 2(ii)",
            "chapter": null,
            "content": "(ii) in clause (d), for the words \"twenty seven\", occuring before the word \"paise\" at the end, the words \"twenty nine\" shall be substituted.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 60
        },
        {
            "number": "8",
            "title": "CHAPTER II - Amendments to the Assam Agricultural Income Tax Act, 1939.",
            "chapter": "CHAPTER II",
            "content": "CHAPTER-II\nAmendments to the Assam Agricultural Income Tax Act, 1939.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 70
        },
        {
            "number": "3",
            "title": "Section 3. Amendment of section 8.",
            "chapter": null,
            "content": "3. In the Assam Agricultural Income Tax Act, 1939, (herein-after referred to as the principal Act) in section 8, after sub-section (4), the following new sub-section as sub-section (5) shall be inserted, namely :-",
            "footnote": "Assam Act-IX of 1939.",
            "is_definition": false,
            "sort_order": 80
        },
        {
            "number": "3",
            "title": "Section 3(5)",
            "chapter": null,
            "content": "\"(5) In determining the net agricultural income, a deduction at the rate of 50 (fifty) paise for every kilogram of tea exported through Inland Container Depot (ICD), Amingaon shall be allowed to the assessee from his agricultural income:",
            "footnote": "",
            "is_definition": false,
            "sort_order": 90
        },
        {
            "number": "3",
            "title": "Proviso to Section 3(5)",
            "chapter": null,
            "content": "Provided that this deduction shall be effective on and from 1st April, 1998 for a period of two years only.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 100
        },
        {
            "number": "3",
            "title": "Proviso to Section 3(5)",
            "chapter": null,
            "content": "Provided further that the State Government may, by notification in the Official Gazette, extend the period of deduction for further periods, not exceeding one year at a time, subject to such conditions and restrictions as may be specified in the said notification.\"",
            "footnote": "",
            "is_definition": false,
            "sort_order": 110
        },
        {
            "number": "4",
            "title": "Section 4. Amendment of section 16.",
            "chapter": null,
            "content": "4. In the principal Act, in section 16, in sub-section (2), for the punctuation mark\".\", occuring at the end, punctuation mark\":\" shall be substituated and thereafter the following proviso shall be inserted, namely:",
            "footnote": "",
            "is_definition": false,
            "sort_order": 120
        },
        {
            "number": "4",
            "title": "Proviso to Section 4",
            "chapter": null,
            "content": "\"Provided that if any assessee fails to file his return of loss of profits or gains for any year in time in accordance with the provisions of sub-section (1) of section 19, his claim for carry-forward and set off of such loss against any future income as per provisions of sub-section (1) or sub-section (2) of this section shall not be entertained.\"",
            "footnote": "",
            "is_definition": false,
            "sort_order": 130
        },
        {
            "number": "5",
            "title": "Section 5. Amendment of section 52.",
            "chapter": null,
            "content": "5. In the principal Act, in section 52, for the figures \"1993-94\", occuring between the words \"year\" ear and \"shall\", the figures \"1994-95\" shall be substituted.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 140
        }
    ],
    "metadata": {
        "Act ID": "199806",
        "Act Number": "VI",
        "Enactment Date": "1998-05-30",
        "Act Year": "1998",
        "Short Title": "The Assam Taxation Laws (Amendment) Act, 1998",
        "Department": "Legislative Department",
        "Type": "STATE",
        "Location": "Assam"
    },
    "updated_at": "2026-09-29 21:52:18"
}