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of <h1>CBDT Circular Urges Tax Authorities to Coordinate on Succession Certificates and Enforce Gift-tax on Property Surrenders.</h1> The circular from the Central Board of Direct Taxes (CBDT) instructs tax authorities to coordinate with state authorities regarding the issuance of succession certificates. It highlights that while succession certificates are not always necessary to establish property rights after a person's death, they may be required in certain cases, such as when a debt recovery suit is filed. Authorities are advised to collect information from courts about issued succession certificates to identify any property surrenders at the time of issuance, which should be subjected to Gift-tax. The authorities are required to inform the Board about the implementation of these instructions.
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