INDIA CODE

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Clause 2, Wealth-Tax (Removal of Difficulties) Order, 2012 [S30-VYX]

As at 7 September 2026. In force from 5 September 2012.

In Wealth-Tax (Removal of Difficulties) Order, 2012 [N13-NF3]. This text from 5 September 2012. No other text held.

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Cite: Clause 2, Wealth-Tax (Removal of Difficulties) Order, 2012 [S30-VYX]. Machine: S30-VYX.

Removal of difficulty.—Where a principal officer had, before the commencement of the Wealth-Tax Act, 1957, carried on the management of a company under a licence granted under the law then in force, such licence shall be deemed to have been granted under the Act and shall remain in force for thirty days from such commencement or until it expires, whichever is earlier.

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Clause 2, Wealth-Tax (Removal of Difficulties) Order, 2012 [S30-VYX]