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<h1>Wealth-tax Act Section 34ACC Amended: Authority Changed from Board to Chief Commissioner or Director General Effective June 1, 1988.</h1> Section 34ACC of the Wealth-tax Act has been amended by the Finance Act, 1988. The amendment involves replacing the words 'to the Board' with 'to the Chief Commissioner or Director General.' This change takes effect from June 1, 1988, and alters the authority to whom certain matters under this section are addressed.