TMI BlogApplication of Income-tax Settlement Commission (Procedure) Rules, 1997X X X X Extracts X X X X X X X X Extracts X X X X ..... s the said rules) shall apply, so far as may be, to the procedure of the Wealth-tax Settlement Commission constituted under sub-section (1) of section 22B of the Wealth-tax Act, 1957 (27 of 1957) subject to the following modifications, namely : ( a ) Modification of rule 2 For rule 2 of the said rules, the following rule shall be substituted, namely : ' 2. Definitions. In these ru ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ve or duly authorised by the Central Board of Direct Taxes to appear, plead and act for the Commissioner in any proceeding before the Commission. ( iv ) "Commission" means the Wealth-tax Settlement Commission constituted under sub-section (1) of section 22B of the Act and includes, where the context so requires, any Bench exercising or discharging the powers or functions of the Commission; ( v ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 34B" the letters "DA" shall be substituted. ( c ) Modification of rule 6. In rule 6 of the said rules, for the words, bracket, figures and letter "sub-section (1) of section 245D" the words, bracket, figures and letter "sub-section (1) of section 22D" shall be substituted. ( d ) Modification of rule 7. In rule 7 of the said rules, ( i ) for the words, bracket, figures and letter "sub ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e the 1st day of October, 1984, an order is passed by the Commission under sub-section (1) of section 22D allowing the application to be proceeded with, a notice shall be issued by the Commission to the applicant requiring him to furnish in quintuplicate : ( a ) a full and true statement of facts regarding the matters to be settled (including the manner in which any wealth disclosed or propose ..... X X X X Extracts X X X X X X X X Extracts X X X X
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