Mode of recovery of wealth tax applies corresponding Income tax recovery provisions with mapped authorities for enforcement. The recovery procedure for wealth-tax, including penalties, fines and interest, is governed by specified recovery provisions of the Income tax Act applied as if they were provisions of the Wealth tax Act, with statutory references read as mapped to corresponding Wealth tax sections and designated Income tax recovery officials deemed to be the corresponding wealth tax authorities for enforcement.
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.
Mode of recovery of wealth tax applies corresponding Income tax recovery provisions with mapped authorities for enforcement.
The recovery procedure for wealth-tax, including penalties, fines and interest, is governed by specified recovery provisions of the Income tax Act applied as if they were provisions of the Wealth tax Act, with statutory references read as mapped to corresponding Wealth tax sections and designated Income tax recovery officials deemed to be the corresponding wealth tax authorities for enforcement.
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