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of <h1>Taxation Laws (Amendment) Act, 1978: Changes to Income-tax Act, 1961, and Wealth-tax Act, 1957, effective April 1, 1979.</h1> The Taxation Laws (Amendment) Act, 1978, enacted by the Parliament of India, amends the Income-tax Act, 1961, and the Wealth-tax Act, 1957. It received presidential assent on August 5, 1978, and is published for public information. The Act is designated as No. 29 of 1978 and is set to commence on April 1, 1979.
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