Circular of the Department of Revenue dated 23rd November, 1960 on section 7 of the Wealth-Tax Act, 1957 [C10-BSQ]

As at 7 September 2026. In force from 23 November 1960.

Dates: made 23 November 1960; in force 23 November 1960; ceased none recorded. Gazette: none recorded. Band B.

Synthetic. This instrument and its words are generated by the register beneath an Act whose title, number and year are real.

Cite: Circular of the Department of Revenue dated 23rd November, 1960 on section 7 of the Wealth-Tax Act, 1957, Circular F. No. 33/75/1960 [C10-BSQ]. Machine: C10-BSQ.

F. No. 33/75/1960-DEPA

Government of India

Ministry of Finance

Department of Revenue

New Delhi, dated the 23rd November, 1960

All Assessings Officer and Assessings Officer

Subject: Section 7 of the Wealth-Tax Act, 1957 (27 of 1957), the payment of sums liable to deduction, regarding.

1. References have been received in the Department of Revenue seeking clarification on the manner in which section 7 of the Wealth-Tax Act, 1957 (27 of 1957) (hereinafter referred to as the Act) is to be applied to persons responsible for paying who undertake the payment of sums liable to deduction at more than one place.

2. The matter has been examined. Section 7 of the Act requires every person responsible for paying to make an application to the Board within the period stated in that section.

3. It is, accordingly, clarified that a separate application shall be made in respect of each place at which the payment of sums liable to deduction is undertaken, and the Board shall process each application in accordance with section 7 of the Act and the rules made thereunder.

4. Difficulties, if any, in the implementation of this circular may be brought to the notice of the Department of Revenue.

(Under Secretary to the Government of India)

Made under

No enabling provision stated.

Acts on (0)

none

Acted on by (0)

none

Not held (0)

none