Wealth-tax Settlement Commission
Section 22B of the Wealth-tax Act, 1957 deals with wealth-tax Settlement Commission. The Central Government shall constitute a Commission to be called the Wealth-tax Settlement Commission for the settlement of cases under this Chapter. The Act came into force on 01 Apr 1957.
(1) The Central Government shall constitute a Commission to be called the Wealth-tax Settlement Commission for the settlement of cases under this Chapter.
(2) The Settlement Commission shall consist of a Chairman [and as many Vice-Chairmen and other members as the Central Government thinks fit] and shall function within the Department of the Central Government dealing with direct taxes.
1. The proviso omitted by Act 25 of 2014, s. 77 (w.e.f. 1-10-2014). Earlier it was amended by Act 14 of 2010, s. 53 (w.e.f. 1-6-2010).
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* (3) The Chairman [, Vice-Chairman] and other members of the Settlement Commission shall be appointed by the Central Government from amongst persons of integrity and outstanding ability, having special knowledge of, and experience in, problems relating to direct taxes and business accounts:
Provided that, where a member of the Board is appointed as the Chairman [, Vice-Chairman] or as a member of the Settlement Commission, he shall cease to be a member of the Board.
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Section 22B, The Wealth-tax Act, 1957 (Act 27 of 1957).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 22B
What does Section 22B of the Wealth-tax Act deal with?
Section 22B of the Wealth-tax Act is headed "Wealth-tax Settlement Commission". The Central Government shall constitute a Commission to be called the Wealth-tax Settlement Commission for the settlement of cases under this Chapter.
How do I find court cases under Section 22B of the Wealth-tax Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Wealth Tax Act 22B, section 22B Wealth Tax Act, section 22B of the Wealth-tax Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 22B of the Wealth-tax Act, and has it changed?
3 other provisions in this corpus refer back to it.
When did Section 22B of the Wealth-tax Act come into force?
Section 22B of the Wealth-tax Act, cited as Wealth Tax Act 22B, came into force on 01 Apr 1957, having been enacted on 12 Sep 1957. It is in force as at the date shown on this page.
Other sections of this Act
- 37A. Power of search and seizure2438 words
- 2. Definitions2369 words
- 4. Net wealth to include certain assets1796 words
- 18. Penalty for failure to furnish returns, to comply with notices and concealment of assets, etc1680 words
- 22D. Procedure on receipt of an application under section 22C1492 words
- 21. Assessment when assets are held by courts of wards, administrators-general, etc1354 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Recovered from the consolidated text published by India Code on the Act's own item (3fd2ecf9-23b2-4ae9-b5fe-a23fd3c0080f). India Code lists this Act but publishes no sections for it, so there was nothing to harvest, only a document to read. This page is not a substitute for legal advice.