Authorisation under section 37A empowers specified inspection officers to initiate wealth tax action under the Act.
The Central Board of Direct Taxes, under sub section (1) of section 37A of the Wealth tax Act, 1957, authorises Deputy Directors of Inspection posted in the Directorate of Inspection (Investigation) and working under the Director of Inspection (Investigation), Deputy Directors of Inspection posted in the Intelligence Wings, and Inspecting Assistant Commissioners of Income tax to authorise action under sub section (1) of section 37A of the Act.

Wealth-tax Settlement Commission established under section 22B with designated chair and members to implement settlement functions.
Constitutes a Wealth-tax Settlement Commission under section 22B of the Wealth-tax Act, 1957, superseding an earlier government notification, and appoints a Chairman and two members to serve on the Commission.