Amendment of Section 5

In the principal Act, for Section 5 the following section shall be substituted namely :- DETERMINATION OF TAX : The tax payable by any person under this Act sahll be determined generally with reference to his total gross income or total gross turnover or total contacted amount or total gross business during the previous from his profession trade, calling or employment or eith reference to his standing in the profession trade. Calling or employment, as the case may be and sa specified in the Schedule annexed to this Act : Provide that the provisions of this Act shall not apply to a member of the Armed Forces of India or to a Cooperative Society registered or deemed to have been registered under the Mizoram Co-operative Societies Act, 1991