Section 9. Deduction in case of servants and pensioners of Companies and Municipalities

9. Deduction in case of servants and pensioners of Companies and Municipalities. Payment to Government. Indemnity. Annual return by Treasurer, &c. 10. Subsequent deduction of duty omitted to be levied. PART III. DUTIES ON PROFITS OF COMPANIES. 11. Shipping Companies. Other Companies. Statement of result of accounts. 12. Annual return of net profits. 13. Power to require officers of Companies to attend and produce accounts. 14. Indemnity. PART IV. 1871. | Income Tax. | 243 SECTIONS. PART IV. DUTIES ON INTEREST ON GOVERNMENT SECURITIES. 15. Duty on interest. 16. Deduction and payment of duty. Proviso. --- PART V. DUTIES ON ALL OTHER INCOME. 17. Duty on income not charged under Parts II, III, IV. 9. In the case of every person holding a paid employment under, or receiving any annuity or pension from, any Company, or any Municipal or other public Body or Association not being a Company, the duty to which he is liable under this Part shall be deducted from his pay, annuity or pension at the time of payment by the Treasurer or other officer whose duty it is to make such payments, and shall be deemed to be a tax payable under this Act. Every such Treasurer or other officer shall as soon as may be after making such deductions, pay to the credit of the Government of India, or as such Government from time to time directs, the amount of such deductions, in case of amounts and pensioners of Companies and Municipalities. 248 Income Tax. [ ACT XII deductions, and shall be answerable to such Government for such payment. Indemnity. Every Company, public Body or Association, Treasurer or other officer as aforesaid is hereby indemnified for all deductions and payments made in pursuance of this Part. Annual return by Treasurer, &c. The Treasurer, Secretary or principal Agent or Manager of every such Company and public Body or Association shall prepare, and, on or before the thirtieth day of April next deliver, to the Collector, in such form as may be prescribed by the Governor General in Council, a return in writing showing the names of every person holding at the date of the said return a paid employment under or receiving a pension or annuity from the Company or Body or Association whose pay or pension or annuity as such amounts to sixty-two rupees, eight annas per mensem or upwards, together with the salaries, annuities or pensions payable by the Company or public Body or Association to all such persons respectively. Subsequent deduction of duty omitted to be levied. 10. Whenever the duty leviable under this Part in any month is not deducted at the time of payment in that month from the pay, annuity or pension chargeable therewith, it shall be deducted from such pay, annuity or pension at some subsequent time of payment. ---