Section 73 - Amendment of section 34A - Direct Tax Laws (Amendment) Act, 1989

73. Amendment of section 34A. In section 34A of the Wealth-tax Act,- (a) in sub-section (1), in the proviso [as inserted by clause (i) of section 150 of the Direct Tax Laws (Amendment) Act, 1987 (4 of 1988)], in clause (b), for the words total income , the words net wealth shall be substituted; (b) in sub-section (4B) [as inserted by section 150 of the Direct Tax Laws (Amendment) Act, 1987 (4 of 1988)],- (i) in clause (a), for the words Where, in pursuance of any order passed under this Act, the refund of any amount becomes due to the assessee , the words Where refund of any amount becomes due to the assessee under this Act, shall be substituted; - (ii) in clause (c), after the words an order under , the words, brackets and figures sub-section (3) or sub-section (5) of section 16 or shall be inserted.