Applicability of tax procedural provisions: specified income- and wealth-tax special-assessment rules apply to the declaration scheme proceedings. Provisions of Chapter XV of the Income-tax Act concerning liability in special cases and the specified procedural powers, together with corresponding provisions of Chapter V of the Wealth-tax Act concerning special-case assessment liability, shall, so far as practicable, apply to proceedings under the Income Declaration Scheme, 2016, thereby subjecting Scheme proceedings to the analogous procedural framework and liability rules of those statutes.
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Provisions expressly mentioned in the judgment/order text.
Applicability of tax procedural provisions: specified income- and wealth-tax special-assessment rules apply to the declaration scheme proceedings.
Provisions of Chapter XV of the Income-tax Act concerning liability in special cases and the specified procedural powers, together with corresponding provisions of Chapter V of the Wealth-tax Act concerning special-case assessment liability, shall, so far as practicable, apply to proceedings under the Income Declaration Scheme, 2016, thereby subjecting Scheme proceedings to the analogous procedural framework and liability rules of those statutes.
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