Wealth-tax Act,1957
Act No : 27
Section :
Wealth-tax Officers.
8. Wealth-tax Officers. Every Income-tax Officer having jurisdiction or exercising powers as such under the Income-tax Act in respect of any individual, Hindu undivided family or company shall perform the functions of a Wealth-tax Officer under this Act in respect of such individual, Hindu undivided family or company: 3*[Provided that where two or more Income-tax Officers have jurisdiction or exercise powers under the Income-tax Act in respect of any individual, Hindu undivided family or company, they shall ---------------------------------------------------------------------- 1 Subs. by Act 46 of 1964, s. 7, for "The value" (w.e.f. 1-4-1965). 2 Subs. by s. 7, ibid., for "the circumstances of the case may require" (w.e.f. 1-4-1965). 3 Subs. by Act 20 of 1967, s. 34, for Explanation (w.e.f. 1-4- 1967). 4 Ins. by Act 45 of 1972, s. 8 (w.e.f. 1-1-1973). 5 Subs. and ins. by Act 66 of 1976, s. 27 (w.e.f. 1-4-1976). 789 have concurrent jurisdiction 2*[and shall perform their functions in respect of such individual, Hindu undivided family or company, as the case may be, in accordance with such general or special orders in writing as the Commissioner or the Inspecting Assistant Commissioner authorised by the Commissioner in this behalf may make for the purpose of facilitating the performance of such functions.] Explanation.--For the purposes of this section, the Income-tax Officer or the Income-tax Officers having jurisdiction in relation to a person who is not an assessee within the meaning of the Income-tax Act, shall be the Income-tax Officer or Income-tax Officers in respect of the area in which that person resides.]
