Finance (No. 2) Act 2009 Section 62 - Bare Act |
| State | Central Government |
| Year | 2009 |
| Section Title | Amendment of Section 194-i |
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.".