Section 29A of The Wealth-tax Act, 1957 View Chapter 6

Tax to be paid notwithstanding reference, etc


   1[29A.  Tax to be paid notwithstanding reference, etc.— Notwithstanding that a reference has been made to the High Court or the Supreme Court or an appeal has been preferred to the Supreme Court, 2[under this Act before the commencement of the National Tax Tribunal Act, 2005] wealth-tax shall be payable in accordance with the assessment made in the case.

1Ins. by Act 46 of 1964, s. 27 (w.e.f. 1-4-1965).

2Ins. by Act 49 of 2005, s. 30 and the Schedule. This Act has been struck down by the Supreme Court’s Order dated 25th September, 2014 in the Madras Bar Association Vs. Union of India.