https://www.taxtmi.com/acts?id=8495 An amendment to Section 18 of the Wealth-tax Act deems any assessment or reassessment order that adds or disallows amounts in net wealth and contains a direction for initiation of penalty proceedings under sub-section (1) to constitute satisfaction of the Assessing Officer for initiating penalty proceedings under sub-section (1). en-us Fri, 29 Feb 2008 20:49:29 +0530 Sat, 01 Mar 2008 00:58:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=8495 An amendment to Section 18 of the Wealth-tax Act deems any assessment or reassessment order that adds or disallows amounts in net wealth and contains a direction for initiation of penalty proceedings under sub-section (1) to constitute satisfaction of the Assessing Officer for initiating penalty proceedings under sub-section (1). Act-Rules Bill Fri, 29 Feb 2008 20:49:29 +0530 https://www.taxtmi.com/acts?id=8495