Wealth-tax rate amendment increases the statutory specified rate in two provisions, altering tax liability under those provisions. Amendment to the Wealth-tax Act, 1957 substitutes the words 'six per cent.' with 'nine per cent.' in sections 31 and 34A, altering the statutory rate wording in those provisions by textual substitution.
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Provisions expressly mentioned in the judgment/order text.
Wealth-tax rate amendment increases the statutory specified rate in two provisions, altering tax liability under those provisions.
Amendment to the Wealth-tax Act, 1957 substitutes the words "six per cent." with "nine per cent." in sections 31 and 34A, altering the statutory rate wording in those provisions by textual substitution.
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