Wealth tax administrative power expanded to allow amendment of intimations and deemed intimations under the assessment procedure. The amendment substitutes clause (aa) of section 35(1) to grant the wealth-tax authority an express power to amend any intimation or deemed intimation ... Summary
Wealth tax administrative power expanded to allow amendment of intimations and deemed intimations under the assessment procedure.
The amendment substitutes clause (aa) of section 35(1) to grant the wealth-tax authority an express power to amend any intimation or deemed intimation issued under subsection (1) of section 16, thereby enabling administrative modification of such notices within the assessment procedure.
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