Wealth-Tax Act, 1957

Section - 45 - Act not to apply in certain cases

Act not to apply in certain cases.

2645.27[No tax shall be levied under this Act in respect of the net wealth of-]

(a) to (e)-28[Omitted by the Finance Act, 1992, w.e.f. 1-4-1993.]
(f)- any company registered under section 2529 of the Companies Act, 1956 (1 of 1956);
30[(g)- any co-operative society;]
31[(h)- any social club;]
32[(i)- any political party.
-Google Play store