February 11, 2025

Section 22K – Wealth-Tax Act, 1957

Bar on subsequent application for settlement (1) Where,— (i)   an order of settlement passed under sub-section (4) of section 22D provides for the imposition of a penalty on the person who made the application under section 22C for settlement, on the ground of concealment of particulars of his net wealth; or (ii)   after […]

Section 22J – Wealth-Tax Act, 1957

Recovery of sums due under order of settlement Any sum specified in an order of settlement passed under sub-section (4) of section 22D may, subject to such conditions, if any, as may be specified therein, be recovered, and any penalty for default in making payment of such sum may be imposed and recovered in accordance

Section 22I – Wealth-Tax Act, 1957

Order of settlement to be conclusive Every order of settlement passed under sub-section (4) of section 22D shall be conclusive as to the matters stated therein and no matter covered by such order shall, save as otherwise provided in this Chapter, be reopened in any proceeding under this Act or under any other law for

Section 22HAA – Wealth-Tax Act, 1957

Credit for tax paid in case of abatement of proceedings Where an application made under section 22C on or after the 1st day of June, 2007, is rejected under sub-section (1) of section 22D, or any other application made under section 22C is not allowed to be proceeded with under sub-section (2A) of section 22D

Section 22HA – Wealth-Tax Act, 1957

Abatement of proceedings before Settlement Commission (1) Where,— (i)   an application made under section 22C on or after the 1st day of June, 2007 has been rejected under sub-section (1) of section 22D; or (ii)   an application made under section 22C has not been allowed to be proceeded with under sub-section (2A) or

Section 22H – Wealth-Tax Act, 1957

Powers of Settlement Commission to grant immunity from prosecution. (1) The Settlement Commission may, if it is satisfied that any person who made the application for settlement under section 22C has co-operated with the Settlement Commission in the proceedings before it and has made a full and true disclosure of his net wealth and the

sidbi fund of funds scheme

sidbi fund of funds scheme

The SIDBI Fund of Funds for Startups (FFS) is an initiative by the Small Industries Development Bank of India (SIDBI), launched under the Startup India Action Plan in 2016. It aims to provide financial support to startups in India by investing in Venture Capital (VC) funds, which then invest in startups. The Government of India

Delhi Ladli Scheme

Delhi Ladli Scheme

Delhi Ladli Scheme was launched by the Department of Women & Children Development, Government of the National Capital Territory (NCT) of Delhi on 1st January 2008 to empower girl children born in Delhi. The State Bank Life Insurance Co. Ltd. (SBIL) is the scheme’s Fund Manager. Under this scheme, financial assistance is provided in the

HDFC Gold Loan

HDFC Gold Loan

HDFC Bank offers Gold Loan for loan amounts starting from Rs 25,000 and for tenures of up to 42 months. The minimum gold loan amount offered by the bank in rural areas is Rs 10,000. HDFC Bank claims to disburse Gold Loans within 45 minutes and a triple layer security for the gold pledged as

Kerala Land Valuation Certificate

Kerala Land Valuation Certificate

Valuation certificate is used to prove the value of property of the applicant in his/her hometown. This can also be used as a collateral for the educational loan from Bank to cover applicant’s expenses. If Valuation Certificate is required for Outside State Purposes, the certificate will be issued from Taluk(s) Office. If Valuation Certificate is