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Wealth-tax (First Amendment) Rules, 2007 - Amendments in rule 4A, substitution of rule 4AA and Form DA; insertion of Form DAA
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Settlement Commission procedure requires notifying the Assessing Officer and new forms for application and annexure transmission.
The Wealth-tax Rules amendments require the assessee to intimate the Assessing Officer in Form DAA when applying to the Settlement Commission; the Commission must forward a copy of the application in Form DA (excluding Annexure and accompanying documents) with its order or intimation when calling for the Commissioner's report, and, where an application is permitted to proceed, the Annexure and accompanying statements and documents must be sent to the Commissioner.

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Acts Income Tax