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Table of Contents
The Wealth-tax Act, 1957
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Chapter IP — reliminary
Section 43
[Omitted]
[Section 43 — Omitted.]
Related Sections
§40
[Omitted]
WTA
§3
Charge of wealth-tax .- [(1)] [Inserted by Act 18 of 1992, Section 89 (w.e.f. 1.4.1993). ][Subject to the other provisions (including provisions for the levy of additional wealth-tax) contained in this Act] [ Substituted by Act 4 of 1988, Section 129, for " Subject to the other provisions contained in this Act" (w.e.f. 1.4.1989).], there shall be charged for every [assessment year] [ Substituted by Act 46 of 1964, Section 3, for " Financial year" (w.e.f. 1.4.1965).] commencing on and from the first day of April, 1957 [but before the 1st day of April, 1993] [ Inserted by Act 18 of 1992, Section 90 (w.e.f. 1.4.1993).], a tax (hereinafter referred to as wealth-tax) in respect of the net wealth on the corresponding valuation date of every individual, Hindu undivided family and company [at the rate or rates specified in Schedule I] [ Substituted by Act66 of 1976, Section 27, for " at the rate or rates specified in the Schedule" (w.e.f. 1.4.1977).]
WTA
§1
Short title, extent and commencement
WTA
§2
Definitions
WTA
§12
[Omitted]
WTA
Printed from Law on Tips • The Wealth-tax Act, 1957
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Section 3