THE WEALTH TAX ACT, 1957 (Bare Act)

K N V S SIVAKUMAR (QUALITY LEAD AT CHEGG INDIA PVT LTD)   (964 Points)

14 September 2010  

 

Section No. Section Heading
1 Short title, extent and commencement
2 Definitions
3 Charge of wealth-tax
4 Net wealth to include certain assets
5 Exemptions in respect of certain assets
6 Exclusion of assets and debts outside India
7 Value of assets, how to be determined
8 Wealth-tax authorities and their jurisdiction
8A [OMITTED BY THE DIRECT TAX LAWS (AMENDMENT) ACT, 1987, W.E.F. 1-4-1988]
8AA [OMITTED BY THE DIRECT TAX LAWS (AMENDMENT) ACT, 1987, W.E.F. 1-4-1988]
8B [OMITTED BY THE DIRECT TAX LAWS (AMENDMENT) ACT, 1987, W.E.F. 1-4-1988]
9 Control of wealth-tax authorities
9A [OMITTED BY THE DIRECT TAX LAWS (AMENDMENT) ACT, 1987, W.E.F. 1-4-1988]
10 Instructions to subordinate authorities
10A [OMITTED BY THE DIRECT TAX LAWS (AMENDMENT) ACT, 1987, W.E.F. 1-4-1988]
11 Jurisdiction of Assessing Officers and power to transfer cases
11A [OMITTED BY THE DIRECT TAX LAWS (AMENDMENT) ACT, 1987, W.E.F. 1-4-1988]
11AA [OMITTED BY THE DIRECT TAX LAWS (AMENDMENT) ACT, 1987, W.E.F. 1-4-1988]
11B [OMITTED BY THE DIRECT TAX LAWS (AMENDMENT) ACT, 1987,W.E.F. 1-4-1988]
12 [OMITTED BY THE DIRECT TAX LAWS (AMENDMENT) ACT, 1987, W.E.F. 1-4-1988]