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<h1>Amendments to Section 18 of Wealth-tax Act: Changes to Explanations 2 and 3 for clarity on tax assessments.</h1> Section 18 of the Wealth-tax Act, 1957, is amended under the Finance Act, 2002. In sub-section (1), Explanation 2 is revised to include the words 'or the Commissioner' after 'Commissioner (Appeals),' effective June 1, 2002. Additionally, in Explanation 3, the phrase 'who has not previously been assessed under this Act,' is removed, effective April 1, 2003. These changes pertain to the direct taxation framework and aim to clarify the roles and conditions under the Wealth-tax Act.