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        Case ID :
        Income Tax

        732/CBDT.

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        Additional wealth-tax: require assessment orders to state total urban asset value to ensure correct levy and compliance. Wealth-tax Officers must indicate in the assessment order the total value of urban assets on which additional Wealth-tax is leviable, so that the basis for charging additional Wealth-tax is clear and omissions or incorrect levies are prevented.
                          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.

                                Additional wealth-tax: require assessment orders to state total urban asset value to ensure correct levy and compliance.

                                Wealth-tax Officers must indicate in the assessment order the total value of urban assets on which additional Wealth-tax is leviable, so that the basis for charging additional Wealth-tax is clear and omissions or incorrect levies are prevented.


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