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Latest Wealth Tax Act 1957 Pdf Free

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Latest Wealth Tax Act 1957 Pdf Free



19 Feb 2013 . The Wealth-Tax Act, 1957, Indian Bare Acts at, a website for Indian Laws and bareacts, legal advice and law documents in India.. The Wealth Tax Act, 1957 was an Act of the Parliament of India that provides for the levying of . Wealth Tax Act, 1957. From Wikipedia, the free encyclopedia . Jump up ^ "Finance Act, 2015" (PDF). Gazette of India. Retrieved 19 May . Interaction. Help About Wikipedia Community portal Recent changes Contact page.. Section - 8. Wealth-tax authorities and their jurisdiction . Section - 8AA. Concurrent jurisdiction of Inspecting Assistant Commissioner and Wealth-tax Officer.. (1) This Act may be called the Wealth-tax Act, 1957. . provision of the Income-Tax Act which apply for the purposes of wealth-tax under section . includes the value of any assets which are exempt from inclusion in the net wealth under sub-.. Act Info: Preamble1 - WEALTH-TAX ACT, 1957. Chapter I. Section1 - Short title, extent and commencement. Section2 - Definitions. Chapter II. Section3 - Charge.. 31 Mar 2013 . The Wealth-tax act, 1957 extends to the whole if India and come into . charitable or religious nature are exempt from payment of wealth-tax as.. b. case means any proceeding under this Act for the assessment or reassessment . the Income-tax Act who is treated as a wealth-tax authority under section 8.. Wealth Tax Act, 1957. ChargeabilitySec.3: Wealth tax is charged for every assessment year in respect of the net wealth on . per latest census on the first day of previous year. . Assets acquired by a minor child out of the Income from manual work done by him or . A. If the property is constructed on free hold land then the.. Income-tax Act; (c) "assessee" means a person by whom wealth-tax or any other . year commencing on and from the first day of April, 1957, a tax (hereinafter . the proceeds of, or with the money constituting, any other asset exempt from.. can gain knowledge on various provisions of Wealth Tax Act, 1957. Here, it is to be . out of his income arising to him by: (a) manual work done by him; or (b) activity . Following assets are exempt from wealth-tax, i.e., they are exempt assets:.

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