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<h1>Tax Law Amendment Clarifies Wealth-tax Act Interpretation for Prior Assessment Years Under Section 15B(4)</h1> The amendment modifies section 15B of the Wealth-tax Act, inserting a new subsection (4) retroactively effective from April 1, 1989. The provision clarifies that the section's previous version shall apply to assessment years starting from April 1, 1988, or earlier, with references to other provisions interpreted according to their status during the relevant assessment year.