Wealth tax amendment revises clause reference to specific subsections, clarifying statutory scope from the stated fiscal commencement. Amendment to clause (ob) of section 2 substitutes the reference to "section 16" with "sub section (3) or sub section (5) of section 16" in the Wealth tax ... Summary
Wealth tax amendment revises clause reference to specific subsections, clarifying statutory scope from the stated fiscal commencement.
Amendment to clause (ob) of section 2 substitutes the reference to "section 16" with "sub section (3) or sub section (5) of section 16" in the Wealth tax Act, and the substitution is deemed effective from the first day of April, 1989.
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