Power to Exempt Tax payable under Section 5

The State Government may, by notification in the Andhra Pradesh Gazette, and for reasons to be specified therein, exempt, whether prospectively or retrospectively, any proprietor or class of proprietors 1( from the payment of the amount of tax) 2(referred to in Section 4 or in subsection (1) of Section 5) or any part thereof subject to such conditions and restrictions as they may deem fit to impose and may in like manner vary or cancel such notification. 1 Substituted the bracketed words for the expression "from the levy of tax payable under section 4C or the fixed sum". 2 Act No. 23 of 1991 has substituted this w.e.f. 24-4-1991. 1[Power to exempt tax 2(x x x) payable under Section 5] 1 Act No. 21 of 1979 has inserted this Section. 2 Act No.24 of 1984 has omitted this w.e.f.01-01-1984.