AMENDMENT OF SECTION 115-P In Section 115-P of the Income Tax Act, for the words "two per cent", the words "one and
SECTION 54: AMENDMENT OF SECTION 115-P In Section 115-P of the Income Tax Act, for the words "two per cent", the words "one and one-half per cent" shall be substituted with effect from the 1st day of June, 2000.