https://www.taxtmi.com/acts?id=50925 Amendments to section 17B expand the reference for net-wealth determination to include net wealth determined under section 16(1) or on regular assessment, substitute the Explanation to exclude additional wealth-tax from "tax payable" under section 16, and add a deeming rule that, for computing interest under section 15B, tax payable as determined or on regular assessment shall be treated as tax payable on the net wealth declared in the return. en-us Thu, 17 Apr 2025 13:21:34 +0530 Thu, 17 Apr 2025 13:21:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50925 Amendments to section 17B expand the reference for net-wealth determination to include net wealth determined under section 16(1) or on regular assessment, substitute the Explanation to exclude additional wealth-tax from "tax payable" under section 16, and add a deeming rule that, for computing interest under section 15B, tax payable as determined or on regular assessment shall be treated as tax payable on the net wealth declared in the return. Act-Rules F. Acts / Amendment Acts Thu, 17 Apr 2025 13:21:34 +0530 https://www.taxtmi.com/acts?id=50925