Application of Procedure Rules extends Income-tax procedure to Wealth-tax Settlement Commission with specified rule substitutions. Income-tax Settlement Commission (Procedure) Rules, 1997 apply to the Wealth-tax Settlement Commission with specified substitutions: rule 2 is replaced by ... Summary
Application of Procedure Rules extends Income-tax procedure to Wealth-tax Settlement Commission with specified rule substitutions.
Income-tax Settlement Commission (Procedure) Rules, 1997 apply to the Wealth-tax Settlement Commission with specified substitutions: rule 2 is replaced by Wealth-tax-specific definitions; cross-references in rules 5, 6, 7 and 9 are amended to refer to Wealth-tax sections; and rule 19 is replaced for pre-1 October 1984 applications to require the Commission to notify the applicant to submit, in quintuplicate, a full and true statement of facts, terms of settlement, a computation of net wealth and a detailed statement of assets and debts (India and abroad) as on the valuation date.
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