§ 6. "That Income-tax charged under Schedule D in The Income-Tax Act, 1853, on professions, trades, or vocations shall, in the case of professions, trades, or vocations which have been set up or commenced within the three years on which the average income is to be computed under The Income-Tax Acts or within the year of assessment, be charged with reference to the actual profits or gains arising in the year of assessment."
§ Agreed to.
§ Ordered, "That it he an Instruction to the Gentlemen appointed to bring in a Bill upon the Resolutions reported from
274§ the Committee of Ways and Means on the 1st day of this instant May, and then agreed to by the House, that they do make provision therein pursuant to the Resolutions agreed to by the House this day."—(Mr. Chancellor of the Exchequer.)