Title : Power to Tender Immunity from Prosecution
State : Central
Year : 1957
..... this section has not complied with the condition on which the ..... concealment of particulars of net wealth or to the evasion of payment of tax on net wealth, it is necessary or expedient so ..... of any penalty under this act to which he would otherwise have been .....
View Complete Act List Judgments citing this sectionTitle : Information, Returns and Statements
State : Central
Year : 1957
..... substituted by act 4 of 1988, section 157(a), for "where for the purposes of determining the wealth-tax payable ..... substituted by act 4 of 1988, section 157(b), for "wealth-tax officer" ..... substituted by act 4 of 1988, section 157(b), for "wealth-tax officer" .....
View Complete Act List Judgments citing this sectionTitle : Agreement for Avoidance or Relief of Double Taxation with Respect to Wealth-tax
State : Central
Year : 1957
..... to wealth-tax 2[the central government may enter into an agreement with the government of any reciprocating country ..... of this act means 3[any country outside india or any territory outside india] which the ..... substituted by act 16 of 1972, section 49 w.e.f. .....
View Complete Act List Judgments citing this sectionTitle : Power to Make Exemption, Etc., in Relation to Certain Union Territories
State : Central
Year : 1957
..... or other modification in respect of wealth-tax in favour of any class of assets ..... wealth of any assessee or class of assessees: provided that the power conferred by this section ..... act 3 of 1963, section ..... of the application of this act to the union territories of .....
View Complete Act List Judgments citing this sectionTitle : Definitions
State : Central
Year : 1957
..... of the income-tax act which apply for the purposes of wealth-tax under section 8 of this act and also ..... with the relevant jurisdiction by virtue of directions or orders issued under sub-section (1) or sub-section (2) of section ..... 1-4-1957. 26. .....
View Complete Act List Judgments citing this sectionTitle : Charge of Wealth-tax
State : Central
Year : 1957
..... for the levy of additional wealth-tax) contained in this act], there shall be charged for ..... section 3 renumbered as sub-section (1) thereof by act 18 of 1992, section 90 w.e.f. ..... per cent, of the amount by which the net wealth exceeds fifteen lakh rupees. .....
View Complete Act List Judgments citing this sectionTitle : Net Wealth to Include Certain Assets
State : Central
Year : 1957
..... the proviso tosub-section (1a)of section 64of the income-tax act and which are held by ..... than for adequateconsideration or in connectionwith an agreement to live apart, or (ii)by a minor ..... wealth of the parent of the minor,so far as may be, in accordance with .....
View Complete Act List Judgments citing this sectionTitle : Wealth-tax Authorities and their Jurisdiction
State : Central
Year : 1957
..... the income-tax authorities specified in section 116 of the income-tax act shall be the wealth-tax authorities for ..... income-tax act shall be the wealth-tax authority having jurisdiction in respect of the area in which that .....
View Complete Act List Judgments citing this sectionTitle : Wealth Escaping Assessment
State : Central
Year : 1957
..... act on the valuation date exceeded the maximum amount which is not chargeable to wealth-tax ..... case where an assessment under sub-section (3)of section 16 or sub-section (1) of this section has been made for ..... evidence from which material evidence could with due .....
View Complete Act List Judgments citing this sectionTitle : Interest for Defaults in Furnishing Return of Net Wealth
State : Central
Year : 1957
..... of the wealth-tax settlement commissioner under sub-section (4)of section 22d,the amount of tax on which interest was ..... bedeemed to be a notice under section 30and the provisions of this act shall apply accordingly .....
View Complete Act List Judgments citing this section