8. Power to have statements of wealth furnished: If the Tax Officer suspects that any person has got the wealth subject to the wealth tax under this Act or the prevailing law, he/she may give a written order to such person to furnish, or cause to be furnished statement of his/her wealth. Such person has to furnish, or cause
to be furnished, statements of his/her wealth with the Tax Officer in such format as may be prescribed within thirty five days from the date of receipt of the order.
Provided, however, that any tax payer who cannot furnish, or cause to be furnished, statements even within thirty five days has to give a written notice thereof to the Tax Officer within the time-limit, and the Tax Officer may, if he
thinks reasonable, grant extension of the time limit for a period not exceeding one month