Wealth-tax rate increase implemented by amendment, substituting the statutory rate with a higher rate. Amendment to section 34A substitutes the prior statutory percentage with a higher percentage, specifying an operative commencement date in October 1984, thereby revising the statutory rate under the Wealth-tax Act and altering the rate applicable for assessments and liabilities from that effective date.
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Provisions expressly mentioned in the judgment/order text.
Wealth-tax rate increase implemented by amendment, substituting the statutory rate with a higher rate.
Amendment to section 34A substitutes the prior statutory percentage with a higher percentage, specifying an operative commencement date in October 1984, thereby revising the statutory rate under the Wealth-tax Act and altering the rate applicable for assessments and liabilities from that effective date.
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