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<h1>Finance Act 2013 adds sections 14A and 14B to Wealth-tax Act for exemptions and mandatory e-filing compliance</h1> Section 62 of the Finance Act, 2013 inserts sections 14A and 14B into the Wealth-tax Act with effect from 1 June 2013. Section 14A empowers the Board to prescribe classes of persons who are exempt from furnishing specified documents, reports and certificates along with the return of wealth, though such documents must be produced before the Assessing Officer on demand. Section 14B authorizes the Board to mandate electronic filing of returns for specified classes of persons, prescribe the form and manner of such filing, specify which documents need not accompany the e-return, and determine the computer resource or electronic record to which the e-return is to be transmitted.