# The Finance Act, 1998, Section 70: Amendment of section 24

- Act: The Finance Act, 1998
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1998/section/70/

## Text

Amendment of section 24. 70. In section 24 of the Wealth-tax Act, with effect from the 1st day of October, 1998,— (a ) in sub-section (1), after the word and figures "section 23", the word, figures and letter "or section 23A" shall be insert­ed; (b ) in sub-section (2), for the words, figures and brackets "a Deputy Commissioner (Appeals) or a Commissioner (Appeals) under section 23", the words, figures, brackets and letter "a Commissioner (Appeals) under sub-section (10) of section 23A" shall be substitut­ed; (c ) in sub-section (2A), the words and brackets "the Deputy Commissioner (Appeals) or", at both the places where they occur, shall be omitted; (d ) in sub-section (4) for the words "two hundred rupees", the words "one thousand rupees" shall be substituted. © Copyright. Taxmann Publications Pvt. Ltd.

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