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Finance (No. 2) Act 2009 Section 62 - Bare Act

State

Central Government

Year

Section Title

Amendment of Section 194-i

Act Info:



In section 194-I of the Income-tax Act, for clauses (a), (b) and (c), the following clauses shall be substituted with effect from the 1st day of October, 2009, namely:--

"(a) two per cent. for the use of any machinery or plant or equipment; and

(b) ten per cent. for the use of any land or building (including factory building) or land appurtenant to a building (including factory building) or furniture or fittings.".




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