Wealth tax administrative power expanded to allow amendment of intimations and deemed intimations under the assessment procedure. The amendment substitutes clause (aa) of section 35(1) to grant the wealth-tax authority an express power to amend any intimation or deemed intimation issued under subsection (1) of section 16, thereby enabling administrative modification of such notices within the assessment procedure.
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Wealth tax administrative power expanded to allow amendment of intimations and deemed intimations under the assessment procedure.
The amendment substitutes clause (aa) of section 35(1) to grant the wealth-tax authority an express power to amend any intimation or deemed intimation issued under subsection (1) of section 16, thereby enabling administrative modification of such notices within the assessment procedure.
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