https://www.taxtmi.com/acts?id=6344 Section 8 designates the income-tax authorities specified in section 116 of the Income-tax Act as the wealth-tax authorities, who shall exercise powers and perform functions under the Wealth-tax Act for individuals, Hindu undivided families and companies, with jurisdiction coterminous with their jurisdiction under the Income-tax Act (including orders under section 120 and concurrent jurisdiction). For persons who are not assessees under the Income-tax Act, the wealth-tax authority is the authority having jurisdiction in the area where that person resides. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 08 Sep 2012 12:23:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6344 Section 8 designates the income-tax authorities specified in section 116 of the Income-tax Act as the wealth-tax authorities, who shall exercise powers and perform functions under the Wealth-tax Act for individuals, Hindu undivided families and companies, with jurisdiction coterminous with their jurisdiction under the Income-tax Act (including orders under section 120 and concurrent jurisdiction). For persons who are not assessees under the Income-tax Act, the wealth-tax authority is the authority having jurisdiction in the area where that person resides. Act-Rules Wealth-tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6344