Beneficiary interest assessment requires inter-officer coordination ensuring trustee assessments are confirmed before completing individual assessments. Wealth-tax Officers assessing beneficiaries must properly scrutinise records and ascertain from the officers assessing trusts whether a beneficiary's interest has been assessed under section 21(1) of the Wealth-tax Act 1957 before completing the beneficiary's assessment; officers assessing trustees under section 21(1) of the Wealth-tax Act 1957 must invariably inform officers having jurisdiction over beneficiaries about actions taken concerning beneficiaries' interests.
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.
Beneficiary interest assessment requires inter-officer coordination ensuring trustee assessments are confirmed before completing individual assessments.
Wealth-tax Officers assessing beneficiaries must properly scrutinise records and ascertain from the officers assessing trusts whether a beneficiary's interest has been assessed under section 21(1) of the Wealth-tax Act 1957 before completing the beneficiary's assessment; officers assessing trustees under section 21(1) of the Wealth-tax Act 1957 must invariably inform officers having jurisdiction over beneficiaries about actions taken concerning beneficiaries' interests.
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