Wealth-tax Settlement Commission
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....Settlement Commission shall consist of a Chairman ^2[and as many Vice-Chairmen and other members as the Central Government thinks fit] and shall function within the Department of the Central Government dealing with direct taxes. (2A) ^3[* * *] (3) The Chairman ^4[,Vice-Chairman] and other members of the Settlement Commission shall....
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....t was read as:- "and two other members" 3. Omitted vide the Taxation Laws (Amendment & Miscellaneous Provisions) Act, 1986, w.e.f. 10-9-1986. Before omission, sub-section (2A), as inserted by the Finance Act, 1982, w.e.f. 1-4-1982, stood as under: "(2A) Notwithstanding anything contained in sub-section (2), when the post of one of the other members of the Settlement Commission is vacant for ....
TaxTMI