THE FINANCE MINISTER (SHRI YASHWANT SINHA): Sir, I beg to move for leave to introduce a Bill further to amend the Income-Tax Act, 1961.
MR. SPEAKER: The question is:
"That leave be granted to introduce a Bill further to amend the Income Tax Act, 1961".
The motion was adopted.
SHRI YASHWANT SINHA: Sir, I introduce** the Bill.
STATEMENT RE: INCOME--TAX (AMENDMENT) ORDINANCE
SHRI YASHWANT SINHA: Sir, I beg to lay on the Table an explanatory statement (Hindi and English versions) showing reasons for immediate legislation by the Income-tax (Amendment) Ordinance, 1999.
(Placed in Library. See No. LT9/99)
*Published in Gazette of India, Extraordinary PartII-Section 2, dated 26.10.99.
**Introduced/Moved with the recommendation of the President.