https://www.taxtmi.com/acts?id=6382 Liability for wealth-tax of a person residing outside India is cast on his agent, who is deemed the assessee; persons employed by or through whom the non-resident receives income or who hold his assets may be treated as agent after notice. No one may be deemed an agent without an opportunity of being heard by the Assessing Officer. An agent who pays tax may recover or retain it from the principal; an agent may retain an estimated sum or secure a certificate from the Assessing Officer authorising retention pending final settlement, and recovery from the agent is limited to the certified amount except where the agent holds additional assets of the principal. Arrears may also be recovered from any assets of the non-resident that come within India. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 11 Sep 2012 14:53:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6382 Liability for wealth-tax of a person residing outside India is cast on his agent, who is deemed the assessee; persons employed by or through whom the non-resident receives income or who hold his assets may be treated as agent after notice. No one may be deemed an agent without an opportunity of being heard by the Assessing Officer. An agent who pays tax may recover or retain it from the principal; an agent may retain an estimated sum or secure a certificate from the Assessing Officer authorising retention pending final settlement, and recovery from the agent is limited to the certified amount except where the agent holds additional assets of the principal. Arrears may also be recovered from any assets of the non-resident that come within India. Act-Rules Wealth-tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6382