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of <h1>Wealth-tax Act Overhaul: Streamlining Tax Authority Powers and Assessment Procedures Under Sections 8-11</h1> The text details amendments to the Wealth-tax Act, 1957, specifically replacing sections 8, 9, 10, and 11. The amendments align wealth-tax authorities with income-tax authorities, establishing their jurisdiction, control, and operational guidelines. The provisions outline the Board's powers to issue instructions, manage assessment procedures, and transfer cases, while ensuring procedural flexibility and avoiding direct interference with appellate functions.
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