Affidavit for Application to Amend a Wealth Tax Return Under the Wealth Tax Act, 1957 (India) by OLL

Open Legal LibraryUpdated 19 Oct 2026

Draft yours free in 2 minutes

Answer 4 questions and we'll fill in the agreement. All optional.

Prefer the original wording?

AFFIDAVIT WITH THE APPLICATION FOR AMENDING THE WEALTH TAX RETURN UNDER WEALTH TAX ACT, 1957. 



Before the Wealth Tax Officer, ___________________ 

I, the above named deponent, solemnly affirm and state on oath as under: 

Affidavit of Mr./Ms._________________________

S/o/D/o, of________________________ ________

aged _____________________________________

resident of _________________________________. 

1. That I am well conversant with the facts deposed to below. 

2. That I am the Assessee in the aforesaid case and as such fully conversant with the facts deposed to below. 

3. That I have filed the return of wealth tax for the assessment year _______ on _____________. 

4. That in the said return, the particulars of securities held by me have been wrongly given. And the mistake is inadvertent. 

5. That the particulars of securities held by me have been given in the list attached herewith. 

6. That the mistake came to notice when my Consultant saw the papers in connection with the production of evidence before the Wealth Tax Officer, ________. 

7. That in view of the above, it is requested that the return of wealth tax may be amended and particulars of securities held by me given in the said return may be substituted with the list attached herewith. 

DEPONENT 

Signed at _____________ this ___ day of ____, 

VERIFICATION
I,....................................................the above named deponent do hereby verify on oath that the contents of the affidavit above are true to my personal knowledge and nothing material has been concealed or falsely stated. Verified at _____this ______day of ______ 

DEPONENT

This is a legal affidavit template used in India to request an amendment to a previously filed wealth tax return. It allows an individual taxpayer to formally state that a mistake was made regarding the details of their securities and to provide the corrected information to the tax authorities.

5.0 out of 5 on Google

Read reviews

As seen in

Law360
Artificial Lawyer
Insider
Axios Pro
San Francisco Business Times
Built In
Startups Magazine
Business Reporter
Tech.eu

About this template

What is this template?

This document is a sworn statement used to rectify errors in a wealth tax filing under Indian law. It is not a tax return itself but a supporting declaration that confirms the original mistake was unintentional and provides a corrected schedule of assets.

When should you use it?

Use this affidavit when you discover a mistake in your securities reporting after submission and need to formalize a request for amendment. Use a standard 'Revised Return' instead if you are within the statutory window for filing revisions without a separate application.

Who it's for

  • an individual assessee in India needing to correct wrongly reported security particulars in a filed return
  • a taxpayer whose consultant discovered an inadvertent error during evidence production before a Wealth Tax Officer

How long it runs and how it's signed

How long
Used once
Signed by
DEPONENT
Witness
The document doesn't say
Notarisation
Required

Law it's drafted under

Required by
Wealth Tax Act, 1957
Jurisdiction
India
Document info
MS Word. Document created on Fri Jun 26th, 2026. Last updated on Mon Oct 19th, 2026.
This document is public
Licensed under CC BY 4.0 (Attribution).
Come to agreements faster
Write, review, negotiate, and manage legal contracts
Related documents
India
AGREEMENT FOR TRANSFER OF A FLAT BY A MEMBER OF A CO-OPERATIVE HOUSING SOCIETY TO ANOTHER ..
This agreement facilitates the transfer of a flat and its associated shares within a co-operative housing society. It outlines the purchase price, the process for obtaining necessary approvals from the Society's Board and the Registrar of Co-operative Societies, and the conditions for handing over possession.
Updated 13 Aug 2026
Lease Assignment Agreement by EasyLegalDocs
Transfer a tenant's rights and obligations under an existing lease to a new person or entity. This document requires the Landlord's written consent and includes representations that the original lease is currently in good standing. It effectively swaps the parties for the remainder of the term.
Updated 13 Aug 2026
India
LOAN AGREEMENT WITH BANK
This loan agreement establishes the terms for a bank to provide a cash credit account and overdraft facility to a business owner. It outlines interest rates, mortgage security over a specific property, and a one-year renewable term.
Updated 13 Aug 2026
India
CANCELLATION OF AN AGREEMENT
This document formally terminates a commercial agency agreement between a partnership firm and an individual agent. It provides for the mutual release of all rights and obligations provided that the principal refunds the agent's initial security deposit.
Updated 13 Aug 2026
India
Loan Agreement with Security
This secured loan agreement facilitates an inter-corporate deposit between two companies, with a third company acting as a pledger of equity shares. It establishes the interest rates, repayment timelines, and margin maintenance requirements for the loan.
Updated 13 Aug 2026
India
FRANCHISE AGREEMENT
This franchise agreement establishes a retail partnership where a company provides branded stock and the agent provides premises and operational management. It details commission structures based on net sales and requires an irrevocable bank guarantee to cover the value of consignment stock.
Updated 13 Aug 2026

Frequently asked questions

A template isn't binding on its own - like any contract, it becomes binding once it's properly completed and signed. Templates in our curated library are professionally drafted for US or UK law; review any template before you sign it.

Yes. Chat with GitLaw to edit any section, or make changes directly in the editor.

Yes, read about team plans here.

Describe what you need in the chat and GitLaw will draft it for you.

Templates in our curated library are professionally drafted for US or UK law. The wider library comes from the GitLaw community and public sources - a solid starting point, but check any template fits your situation before you rely on it.

Mostly US and UK law. Some templates use general commercial terms that work across jurisdictions, and many note which law they're written for.

It depends on the situation. Templates work well for routine business agreements. For anything involving significant money, complex IP, employment, or areas you're unsure about, it's worth getting professional advice before you sign. GitLaw provides templates and tools, not legal advice.

Open any template in GitLaw and describe the change you want in the chat — 'make clause 4 mutual' or 'add a 30-day notice period', for example. GitLaw drafts the revised language and shows it as a suggested edit. You accept, reject, or keep editing from there.

Yes. Upload a Word, PDF, or Markdown file and GitLaw will open it in the editor. You can review, edit, or chat with GitLaw about it the same way you would with any template from the library.

Trusted by 5,000+ businesses

Nexus logoMlabs logoTechstars logo

From template to signed, in one place

Every template opens in an editor with an AI agent alongside it.

1

Open

Pick a template and open it. Nothing to download, and no credit card to start.

Free to open

2

Edit with AI

Describe your situation in chat and the agent adapts the wording, clause by clause.

Tracked changes you can review

3

Send and sign

Share it for negotiation, then collect signatures without leaving GitLaw.

eSign included

Built for your legal work,
with practicing lawyers

Trained on 5,500+ clauses and specialist areas of law. Built with a standards committee of independent lawyers.

As seen in

Law360
Artificial Lawyer
Insider
Axios Pro
San Francisco Business Times
Built In
Startups Magazine
Business Reporter
Tech.eu

Ready to get started?

No sales calls, no credit card. Just chat with GitLaw.

GitLaw provides templates and tools, not legal advice. Templates are a starting point, not a substitute for advice on your situation - for anything significant, speak to a qualified lawyer.