The Taxation Laws (Extension to Jammu and Kashmir) Act, 1972

The Taxation Laws (Extension to Jammu and Kashmir) Act, 1972 is an Act of the Parliament of India that extends certain central taxation laws to the state of Jammu and Kashmir. The Act was passed to ensure that the laws relating to income tax, wealth tax, gift tax, and expenditure tax were applied uniformly across India, including Jammu and Kashmir. The Act amended the Income Tax Act, 1961, the Wealth Tax Act, 1957, the Gift Tax Act, 1958, and the Expenditure Tax Act, 1957 to include Jammu and Kashmir as a taxable territory.