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TypeBare Act JurisdictionCentral Government

Finance Act, 2001 Section 96

AMENDMENT OF SECTION 17 Insection 17 of the Wealth-tax Act, 1957

~1 min read
https://sooperkanoon.com/act/455419

Bare act section · Research

About this section

Finance Act, 2001 Section 96 is part of Finance Act, 2001 - AMENDMENT OF SECTION 17 Insection 17 of the Wealth-tax Act, 1957. Read the section text below and explore Indian court judgments that cite it.

Research copy - verify against official government publications before filing or court use.

Section Text

27 of 1957), (hereinafter referred to as the Wealth-tax Act), in sub-section (1A), for clauses (a) and (b), the following clauses shall be substituted with effect from the 1st day of June, 2001, namely:" "(a) if four years have elapsed from the end of the relevant assessment year, unless the case falls under clause (b); (b) if four years, but not more than six years, have elapsed from the end of the relevant assessment year unless the net wealth chargeable to tax which has escaped assessment amounts to or is likely to amount to rupees ten lakh or more for that year.".

Frequently asked questions

What does Finance Act, 2001 Section 96 provide?

Section Section 96 of the Finance Act, 2001 (AMENDMENT OF SECTION 17 Insection 17 of the Wealth-tax Act, 1957) is reproduced on this page as part of the Finance Act, 2001. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Finance Act, 2001 Section 96?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 2001 Section 96. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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