The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
N o. 751 N EW D E L H I. FRIDAY, FEBRUARY 20, 1981/PHALGUNA 1. 1902
Separate paging is given to this Part in order that it may be filed as a separate
compilation
256 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii>] 2. In the Wealth-tax Rules, 1957, in Form A,— (a) in Part VI, for item (5), the following item shall be substituted, namely ;— "(5) In the case of Hindu undivided family,—(i) whether the Hindu undivided family has at least one member whose net wealth assessable for the assessment year exceeds Rs, 1:50 lakhs '? If the reply to this question is in the negative, please attach declaration to this effect from all members of the Hindu undivided family ;
(ii) whether a partial partition has taken place after 31st December, 1978 among the members of the Hindu undivided family ? If the reply to this question is in the affirmative, please attach particulars of the partial partition and the properties divided." ;
(b) in Annexure I, in the heading, after the words "agri- cultural lands", the words "comprised in any tea, coffee, rubber or cardamom plantation" shall bo inserted ;
(c) in Annexure II,—
(i) in the heading, after the words "agricultural lands", the words "comprised in any tea, coffee, rubber or cardamom plantation shall be inserted ;
MINISTRY OF FINANCE
(Central Board of Direct Taxes)
NOTIFICATION
New Delhi, the 20th February, 1981
WEALTH-TAX
S.O. 119(E).—In exercise of the powers conferred by sec- tion 46 of the Wealth-tax Act. 1957 (27 of 1957), the Central Board of Direct Taxes hereby makes the following rules further to amend the Wealth-tax Rules, 1957, namely :—
1. (1) These rules may be called the Wealth-tax (Amend- ment) Rules, 1981.
(2) They shall come into force on the 1st day of April, (ii) In the first note after the words "in the state- ment" the words and figures "and where the return relates to the assessment year 1980-81 or any earlier assessment year, details of all agricultral lands Including those comprised in tea, coffee, rubber or candamom plantation should be shown in the statement" shall be inserted ;
(d) in Annexure VI,—
(i) in item 7, the word*, brackets and figures "and compulsory deposits made under the Compulsory Deposit Scheme (income tax Payers) Act, 1974" shall be inserted at the end ;
(ii) in item 8, after the words "financial corporations", the words "and public companies" shall be inserted.
1981.
[No. 3875 F. No. 142(17)/80-TPLI S. N. SHENDE, Secy. Central Board of Direct Taxes