Asset disclosure expanded to exclude two wheeled vehicles and include bank accounts and credit cards under income tax rules. The amendment narrows the motor vehicle reference by substituting 'motor vehicle other than a two wheeled motor vehicle' (including two wheelers with detachable side cars) for 'motor vehicle' in the first proviso to sub section (1), and expands sub section (6) by substituting words to include the assessee's bank account and credit card among the assets/particulars to be disclosed.
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Provisions expressly mentioned in the judgment/order text.
Asset disclosure expanded to exclude two wheeled vehicles and include bank accounts and credit cards under income tax rules.
The amendment narrows the motor vehicle reference by substituting "motor vehicle other than a two wheeled motor vehicle" (including two wheelers with detachable side cars) for "motor vehicle" in the first proviso to sub section (1), and expands sub section (6) by substituting words to include the assessee's bank account and credit card among the assets/particulars to be disclosed.
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