Amendment of section 3

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Full Text of the Document

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....mmencing on and from the 1st day of April, 2010, the provisions of this section shall have effect as if for the words "fifteen lakh rupees", the words "thirty lakh rupees" had been substituted.'. - Clause 82 of the Bill seeks to amend section 3 of the Wealthtax Act, relating to charge of wealth tax. Under the existing provisions contained in sub-section (2) of the said section, wealth-tax will b....