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[Cites 0, Cited by 44] [Section 21] [Entire Act]

Union of India - Subsection

Section 21(2) in The Wealth-Tax Act, 1957

(2)Nothing contained in sub-section (1) shall prevent either the direct assessment of the person [on whose behalf or for whose benefit] [ Substituted by Act 46 of 1964, Section20, for " on whose behalf" (w.e.f. 1.4.1965).] the assets above referred to are held, or the recovery from such person of the tax payable in respect of such assets.