The Taxation Tribunal (Undisclosed Wealth) Act, 1953

( ACT NO. XVI OF 1953 )

[ 20th April, 1953 ]
An Act to provide for the setting up of a Tribunal to enquire into the tax liability of undisclosed wealth. 1♣♠

 
 
 
WHEREAS it is expedient to set up a Tribunal to enquire into the liability of undisclosed wealth to taxation and to determine the extent of such liability;
 
 
 
 
It is hereby enacted as follows:-
 
 
 

CONTENTS

SECTIONS

1. Short title, extent and commencement

2. Definitions

3. Constitution and functions of the Tribunal

4. Composition of the Tribunal

5. Declaration of assets

6. Examination of declaration and other evidence

7. Determination of liability to tax

8. Assessment

9. Settlement of cases

10. Admission of evidence

11. Inspection of records

12. Disclosure of information in assessment records

13. Appearance by authorised representative

14. Power to take evidence on oath, etc.

15. Bar of suits

16. Power to regulate procedure

17. Power to make rules