Wealth-tax Act, 1957 : Order under s. 13(1) : Direction to WTO and IAC not to initiate penalty proceedings under s. 18(1)(a) or 18(1)(c) in respect of any assessment year up to and including assessment year 1985-86

Wealth-tax Act, 1957 : Order under s. 13(1) : Direction to WTO and IAC not to initiate penalty proceedings under s. 18(1)(a) or 18(1)(c) in respect of any assessment year up to and including assessment year 1985-86 https://www.taxtmi.com/circulars?id=4875 Direction that Wealth-tax officers shall not initiate or impose penalty proceedings for concealment or inaccurate particulars for assessment years up to and including assessment year 1985-86 where a person, prior to detection, voluntarily and in good faith made a full and true disclosure of net wealth within the prescribed period, paid the tax on that net wealth by the cutoff date, and cooperated in any enquiry relating to assessment of the net wealth. en-us Fri, 14 Feb 1986 00:00:00 +0530 Mon, 04 Aug 2008 13:46:00 +0530 TaxTMI RSS Generator Wealth-tax Act, 1957 : Order under s. 13(1) : Direction to WTO and IAC not to initiate penalty proceedings under s. 18(1)(a) or 18(1)(c) in respect of any assessment year up to and including assessment year 1985-86 https://www.taxtmi.com/circulars?id=4875 Direction that Wealth-tax officers shall not initiate or impose penalty proceedings for concealment or inaccurate particulars for assessment years up to and including assessment year 1985-86 where a person, prior to detection, voluntarily and in good faith made a full and true disclosure of net wealth within the prescribed period, paid the tax on that net wealth by the cutoff date, and cooperated in any enquiry relating to assessment of the net wealth. Circulars Income Tax Fri, 14 Feb 1986 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4875