Wealth-Tax Act, 1957

Inspector of Wealth-tax Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988

Jurisdiction of Assessing Officers and power to transfer cases (1) The provisions of sections 124 and 127 of the Income-tax Act shall, so far as may be, apply for the purposes of this Act as they apply for the purposes of the Income-tax Act, subject to the modifications specified in sub-section (2). (2) The modifications

Directors of Inspection Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988

Instructions to subordinate authorities (1) The Board may, from time to time, issue such orders, instructions and directions to other wealth-tax authorities as it may deem fit for the proper administration of this Act, and such authorities and all other persons employed in the execution of this Act shall observe and follow such orders, instructions

Commissioners of Wealth-tax (Appeals) Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988

Control of wealth-tax authorities Section 118 of the Income-tax Act and any notification issued thereunder shall apply in relation to the control of wealth-tax authorities as they apply in relation to the control of the corresponding income-tax authorities, except to the extent to which the Board may, by notification in the Official Gazette, otherwise direct

Power to transfer cases Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988

Concurrent jurisdiction of Inspecting Assistant Commissioner and Wealth-tax Officer Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988 Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration |

Powers of Commissioner respecting specified areas, cases, persons, etc. Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988 Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration |

Wealth-tax authorities and their jurisdiction The income-tax authorities specified in section 116 of the Income-tax Act shall be the wealth-tax authorities for the purposes of this Act and every such authority shall exercise the powers and perform the functions of a wealth-tax authority under this Act in respect of any individual, Hindu undivided family or