Mutual fund units inclusion in wealth tax: amendment adds specified units and adjusts subsection numbering. Amendment inserts a new clause into Section 5 of the Wealth-tax Act by adding a provision referencing units of a Mutual Fund specified under the income tax provision to subsection (1), and correspondingly inserts the new clause identifier into subsection (1A) to adjust numbering.
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Provisions expressly mentioned in the judgment/order text.
Mutual fund units inclusion in wealth tax: amendment adds specified units and adjusts subsection numbering.
Amendment inserts a new clause into Section 5 of the Wealth-tax Act by adding a provision referencing units of a Mutual Fund specified under the income tax provision to subsection (1), and correspondingly inserts the new clause identifier into subsection (1A) to adjust numbering.
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