Amendment of section 22C

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....return of wealth which he is or was required to furnish under any of the provisions of this Act."; (ii) for sub-sections (1B) and (1C), the following sub-sections shall be substituted, namely :- "(1B) Where the wealth disclosed in the application relates to only one previous year, - (i) if the applicant has not furnished a return in respect of the net wealth of that year (whether o....

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.... has not furnished a return in respect of the net wealth of that year in the course of such proceedings for reassessment, wealth-tax shall be calculated on the aggregate of the net wealth as assessed in the earlier proceeding for assessment under section 16 or section 17 and the wealth disclosed in the application as if such aggregate were the net wealth. (1C) The additional amount of wealth-tax....