Wealth-tax rate schedule for HUFs: ensure higher prescribed rates applied and remedial rectification taken for noncompliance.

Assessing officers must apply the prescribed higher Rate Schedule for ordinary wealth-tax to HUFs when one or more members possess independent net wealth above the statutory threshold; Revenue Audit reported failures in correct application, and officers are directed to reiterate instructions and take remedial rectification measures as necessary to ensure compliance with the Finance Act's prescribed rates.

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