AMENDMENT OF SECTION 234C Insection 234C of the Income-tax Act-, in sub-section
1), with effect from the 1st day of June, 2001," (i) in clause (a), in sub-clauses (i) and (ii), for the words "one and one-half per cent", the words "one and one-fourth per cent" shall be substituted; (ii) in clause (b), in sub-clauses (i) and (ii), for the words "one and one-half per cent", the words "one and one-fourth per cent" shall be substituted.