The ASSAM FINANCE ACT, 1954
-~--

ASSAM ACT IX OF 1954

THE ASSAM FINANCE ACT, 1954

(Passed by the Assembly)

(Recrived the assent of the Governor on the 3rd April, I

[Pc~blished in the Assam Gazette, da ted th¢ 7th April 1954)

_An_
_Act_

_to_ _fix_ _the_ _rates at which Agricultural_ _Income_ _shall be_ _taxed_ _under_ _the_ _Assam_

_Income-tax Act, 1939_

Prearnble.-WHEREM it is expedient to fix the rates at which

Income shall be taxed under the Assam Agricultural Income-tax
(A~sam Act IX of 1939) it is hereby enacted as follows:-

1. Short title and extent.--( 1) This Act may be called the Assam
Act, 1954.

(2) It extends to the whole of Assam.

2. The rates of Agricultural Income-tax for the year beginning on
April 1954, shall, for the purpose of sections 3 and 6 of the Assam

-Income-tax Act, 1939 (Assam Act IX of 1939) be the rates given below

_Rates of_ _Agricultural lncome-tax.-A._ In the case of every Hindu U

Joint family-

_(a)_ At the rate applicable under the list of rates contained i
graph _B'_ below to a sum equal to the share of a br'ot11er
share exceeds Rs.6,000 ;

_(b)_ At four pies in the rupee, if the share of the brother is Rs

less.


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In the case of every individual, firm and other Associatio~ of persons
than Companies):-

         - ' Rate

"' _·(a)_ On the first Rs.l,500 of total income Nil.

_(b)_ On the next Rs.3,500 of total income Nine pies in the rupee.
_(c)_ On the next Rs.5,000 of total income One anna and three

pies in the rupee.

On the next Rs.5,000 of total income Two annas and six pies

                                                       - in the rupee.

On the next Rs.35,000 of total income ... Four annas in the

rupee.

On the next Rs.50,000 o( total income Five annas m the

rupee.

_(g)_ On the balance of total income Six annas in the rupee.

fn the case of every Company:-
. (a) the total income of which does not exceed

Rs.50,000.

On the whole of total income Four ann as ln toe

rupee.

the total income of which does not exceed

Rs.1,00,000 . .

On the whole of total income Five annas in the

rupee.

the total income of which exceeds

Rs.1,00,000.

On the whole of total income Six annas in the · rupee.
always that-

no agricultural income-tax shall be payable on a total agricultural
income which does not exceed Rs.3,000 and
the agricultural income-tax payable shall in no case exceed half the

amount by which th~ total agricultural income exceeds Rs.3,000.

ASSAM ACT X OF 1954

M LEGISLATIVE ASSEMBLY (MEMBERS' EMOLUMENTS)

ACT, 1954

(Passed by the Assembly)

.. :(Received the assent of the Governor on the 5th April, 1954)

[Published in the Assam Gazette, dated the 7th Aprill954]

_An_
_Act_

. to r~-fix the _daily_ _allowancP._ _if members_ _if the_ _Assam_ _Legislative Assembly._

"

,. • ., ... J .... ~£.,,-WHEREAs ' it is expedient to re-fix the daily allowanc~ of mem·

the A~sam Legislative Assembly when they are at Shillong on duty ;
is hereby enacted as follows:-        -

Shprt title, extent andpmunencernent.-(1) This Act may be called

_.,.,~",----···Legislative Assembly· (Members' Emoluments) Act, 1954.

}t sliall extend to the whole of Assam.

~t shall be deemed to have come into torce with effect from l:;t April


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