Rules of procedure inclusion expands statutory provision to incorporate Settlement Commission procedures, aligning procedural framework under wealth tax law. Amendment adds a statutory reference in section 46(4) of the Wealth-tax Act to incorporate the rules of procedure framed by the Settlement Commission ... Summary
Rules of procedure inclusion expands statutory provision to incorporate Settlement Commission procedures, aligning procedural framework under wealth tax law.
Amendment adds a statutory reference in section 46(4) of the Wealth-tax Act to incorporate the rules of procedure framed by the Settlement Commission under sub-section (7) of section 22F, placing those procedural rules on the same footing as other rules made under the Act.
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