Title : 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 : 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 : Procedure on Receipt of an Application Under Section 22c
State : Central
Year : 1957
..... substituted by act 4 of 1988, section 127, for "wealth-tax officer" w.e.f ..... substituted by act 4 of 1988, section 127, for "wealth-tax officer" w.e.f ..... (2d) where the additional amount of wealth-tax referred to in sub-section (2a) is not paid by the assessee .....
View Complete Act List Judgments citing this sectionTitle : Abatement of the Proceeding Before Settlement Commission
State : Central
Year : 1957
..... -section (2), the assessing officer, or, as the case may be, other wealth-tax ..... the assessing officer or other wealth-tax authority or held or recorded ..... provisions of this act as if no application under section 22c had been ..... by the finance act, 2007, w.e.f .....
View Complete Act List Judgments citing this sectionTitle : Appeal to the [Deputy Commissioner (Appeals)] from Orders of [Assessing Officer
State : Central
Year : 1957
..... provisions of 7 [section 221] of the income-tax act as applied under section 32 for the purposes of wealth-tax; 8 [or] 9 [(g) ..... to the amount of 4 [net wealth] determined under this act; or (b) objecting to the amount of wealth-tax determined as payable .....
View Complete Act List Judgments citing this sectionTitle : Notice of Demand
State : Central
Year : 1957
..... 2.substituted by act 4 of 1988, section1 27, for "wealth- tax officer" w.e.f. ..... substituted by act 46 of 1964, section 28 w.e.f ..... any order passed under this act, the2[assessing officer] shall serve ..... notice of demand when any tax, interest, penalty, fine or any .....
View Complete Act List Judgments citing this section