Title : Power to Tender Immunity from Prosecution
State : Central
Year : 1957
..... in or privy to the concealment of particulars of net wealth or to the evasion of payment of tax on net wealth, it is necessary or expedient so to do, ..... inserted by act 46 of 1964, section 34 w.e.f ..... has been tendered under this section has not complied with .....
View Complete Act List Judgments citing this sectionTitle : Rounding off of Net Wealth
State : Central
Year : 1957
..... of net wealth the amount of net wealth computed in accordance with the foregoing provisions of this act shall ..... rounded off shall be deemed to be the net wealth of the assessee for the purposes ..... sections 44c and 44d inserted by act 42 of 1970, section 65 .....
View Complete Act List Judgments citing this sectionTitle : Power to Make Exemption, Etc., in Relation to Certain Union Territories
State : Central
Year : 1957
..... wealth-tax in favour of any class of assets or in regard to the whole or any part of the net wealth ..... of any assessee or class of assessees: provided that the power conferred by this section ..... act 3 of 1963, section ..... application of this act to the union .....
View Complete Act List Judgments citing this sectionTitle : Net Wealth to Include Certain Assets
State : Central
Year : 1957
..... . substituted by act 4 of 1988, section 127 for "wealth-tax officer" w.e.f.1-4-1988 ..... , on beingincluded in the net wealth of the individual be excluded from the net wealth ofthe family or, as the .....
View Complete Act List Judgments citing this sectionTitle : Exemptions in Respect of Certain Assets
State : Central
Year : 1957
..... the following assets" substituted by act 19 of 1970, section 26(b)(i), for "wealth-tax shall not be payable by an ..... on leaving such country, has returned to india with the intention of ..... shall not be included in the net wealth of the assessee-- (i) any property .....
View Complete Act List Judgments citing this sectionTitle : Wealth-tax Authorities and their Jurisdiction
State : Central
Year : 1957
..... tax authorities specified in section 116 of the income-tax act shall be the wealth-tax ..... authorities for the purposes of this act ..... purposes of this section, the wealth-tax authority having jurisdiction .....
View Complete Act List Judgments citing this sectionTitle : Instructions to Subordinate Authorities
State : Central
Year : 1957
..... wealth-tax authorities as it may deem fit for the proper administration of this act, ..... section 10a omitted by act 4 of 1988, section 132 ..... substituted by act 12 of 1990, section 53, for "16, 17" ..... ealier section 10a was inserted by act 46 of 1964, section 10 .....
View Complete Act List Judgments citing this sectionTitle : Power of Commissioner to Grant Immunity from Penalty
State : Central
Year : 1957
..... the abatement, co-operated with the wealth-tax authority in the proceedings before him ..... section 22ha; and (b) the penalty proceedings have been initiated under this act ..... disclosure of his net wealth and the manner in which such net wealth has been derived .....
View Complete Act List Judgments citing this sectionTitle : Assessment when Assets Are Held by Courts of Wards, Administrators-general, Etc.
State : Central
Year : 1957
..... to the wealth-tax leviable andrecoverable under sub-section (1), the wealth-tax shall be levied ..... in section 5, incomputing the net wealth 19 [for the purposes of this sub-section orsub-section (4a) ..... of suchbeneficiary,] the tax under this act shall be levied .....
View Complete Act List Judgments citing this sectionTitle : Recovery of Sums Due Under Order of Settlement
State : Central
Year : 1957
..... substituted by act 4 of 1986, section 127, for "wealth-tax officer" ..... an order of settlement passed under sub-section (4) of section 22d may, subject to such conditions ..... in accordance with the provisions of section 32 by the1[assessing officer] having .....
View Complete Act List Judgments citing this section