Wealth-tax established nationally under statute, defining short title, territorial extent and deemed commencement provisions for application. The statute establishes a levy of wealth-tax and designates the Act as the legal authority for that levy. It provides the short title 'Wealth-tax Act', declares its territorial extent as the whole of India, and specifies a deemed commencement date for the Act's operation; a separate notification governs its effective applicability in Sikkim.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Wealth-tax established nationally under statute, defining short title, territorial extent and deemed commencement provisions for application.
The statute establishes a levy of wealth-tax and designates the Act as the legal authority for that levy. It provides the short title "Wealth-tax Act", declares its territorial extent as the whole of India, and specifies a deemed commencement date for the Act's operation; a separate notification governs its effective applicability in Sikkim.
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