Section 4:
Computation of gross profits.
1[4. Computation of gross profits.--The gross profits derived by an employer from an
establishment in respect of any accounting year shall--
(a) in the case of a banking company, be calculated in the manner specified in the First
Schedule;
(b) in any other case, be calculated in the manner specified in the Second Schedule.]
Notes:
1. Subs. by Act 66 of 1980, s. 3, for section 4 (w.e.f. 21-8-1980).