KARNATAKA ACT NO 18 OF 2012

(First Published in the Karnataka Gazette Extra-ordinary on the thirty first day of March, 2012)

EXTRACT OF THE KARNATAKA TAXATION LAWS (AMENDMENT) ACT, 2012

(Received the assent of the Governor on the thirty first day of March, 2012)

An Act further to amend certain taxation laws in force in the State of Karnataka.

Whereas It Is expedient further to amend certain taxation laws for the purposes hereinafter appearing;

Be it enacted by the Karnataka State Legislature in the Sixty First year of the Republic of India, as follows.-

1. Short title and commencement.-

(1) This Act may be called the Karnataka Taxation Laws (Amendment) Act. 2012.

(2) It shall come into force with effect from the First day of April. 2012.

4. Amendment of Karnataka Act 35 of 1976.

In the Karnataka Tax on Professions, Trades, Callings and Employments Act, 1976 ( Karnataka Act 35 of 1976).-

(1) in Section 6-A, in sub-section (1), the first proviso and the Explanation shall be omitted;

(2) Section 7-A shall be omitted; and

(3) in section 18-A, in subsection (1), for the words "sixty days" occurring in two places, the words "one hundred and eighty days" shall be substituted.

5. Amendment of Karnataka Act 27 of 1979.

In the Karnataka Tax on Entry of Goods Act, 1979 ( Karnataka Act 27 of 1979). in Section 156-a, in sub-section (1) for the words "One hundred and twenty days" occurring in two places, the words "one hundred and eighty days" shall be substituted.

By Order and in the name of the Governor of Karnataka

G.K. BOREGOWDA

Secretary to Government,

Department of Parliamentary Affairs and Legislation