Title : Net Wealth to Include Certain Assets
State : Central
Year : 1957
..... asdefined in section 3of the income-tax act, andwhere any such assets are once ..... substituted by act 4 of 1988, section 127 for "wealth-tax officer" ..... wealth of the individual:] 11 [providedfurther that nothing contained in sub-clause (ii) shall apply in respect .....
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 ..... me aning of the income-tax act shall be the wealth-tax authority having jurisdiction in respect of the area .....
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 ..... general or special orders in respect of any class of cases, ..... exemption, deduction, refund or any other relief under this act ..... section 10a was inserted by act 46 of 1964, section .....
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 ..... immunity granted to a person under sub-section (3) shall stand withdrawn, if such person ..... section 22ha; and (b) the penalty proceedings have been initiated under this act .....
View Complete Act List Judgments citing this sectionTitle : Assessment when Assets Are Held by Courts of Wards, Administrators-general, Etc.
State : Central
Year : 1957
..... assets, then, in addition to the wealth-tax leviable andrecoverable under sub-section (1), the wealth-tax ..... or trustee aforesaid in respect of the valueof such assets, to the extent it ..... sub-section(1a), in the case of assets chargeable to tax under this act], .....
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. ..... pass an order under sub-section (4),-- (i) in respect of an application referred to in sub-section (2a) or subsection (2d), on or before the .....
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 ..... section (2c) of section 22d; or (iv) in respect of any other application made under section 22c, an order under sub-section (4) of section ..... act as if no application under section .....
View Complete Act List Judgments citing this sectionTitle : Appeal to the [Deputy Commissioner (Appeals)] from Orders of [Assessing Officer
State : Central
Year : 1957
..... 7 [section 221] of the income-tax act as applied under section 32 for the purposes of wealth-tax; 8 ..... valuation of any asset is objected to in an appeal under clause (a) of sub-section (1) 13 [or of sub-section (1a)], the 3 ..... certain words omitted by act 3 .....
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 sectionTitle : Liability of Transferees of Properties in Certain Cases
State : Central
Year : 1957
..... substituted by act 4 of 1988, section 127, for "wealth-tax officer" w.e.f. ..... : provided that where any such asset is held jointly by more than one ..... payment of any tax demanded from him, he shall be deemed to be an assessee in default in respect of such .....
View Complete Act List Judgments citing this section