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W.T.AS. NOS.314/KB TO 319/KB OF, 2000-2001, DECIDED ON 29TH NOVEMBER, 2001. versus W.T.AS. NOS.314/KB TO 319/KB OF, 2000-2001, DECIDED ON 29TH NOVEMBER, 2001.


Wealth Tax Act 1963 Section 31B (1) (B) (ii), Proviso Extra Income Tax Assessment 1993 94 to 1998 99 Returns were filed on 18 18 1999 and the assessment was completed on 4 4 1999 The period was not covered by the provisions of Section 31B (1) (B) (II) of the Wealth Tax Act, 1963, as per the order of the Commissioner Wealth Tax (A), the additional tax was calculated. Payment should be made at 80% of the tax demand. From the date of completion of the assessment under section 16 of the Wealth Tax Act, 1963, from the date of completion of the relevant assessment under section 14A (ie the date fixed for filing returns for the respective assessment years) in the respective years. Was payable. Section 16 of the Wealth Tax Act, 1963

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