Transfer of registration information must be forwarded to tax authorities to assist income, wealth, gift and estate assessments. Inspecting Assistant Commissioners receive fortnightly returns from Registering Officers containing transferees' statements at registration of immovable property transfers, and the Board directs that these returns or their information be forwarded to Income-tax Officers with assessing jurisdiction over the transferors/transferees and to the Assistant Controller for use in Income-tax, Wealth-tax, Gift-tax and Estate Duty proceedings.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Transfer of registration information must be forwarded to tax authorities to assist income, wealth, gift and estate assessments.
Inspecting Assistant Commissioners receive fortnightly returns from Registering Officers containing transferees' statements at registration of immovable property transfers, and the Board directs that these returns or their information be forwarded to Income-tax Officers with assessing jurisdiction over the transferors/transferees and to the Assistant Controller for use in Income-tax, Wealth-tax, Gift-tax and Estate Duty proceedings.
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