https://www.taxtmi.com/circulars?id=8387 Revised monetary ceilings allocate specific write-off authority across a tiered committee framework-local, regional/sub-zonal, zonal and Board-level-linking officer levels to defined thresholds and approval/reporting requirements; proposals already recommended under prior committees need not be reconstituted though the new ceilings determine the signing authority. A separate scheme applies to Wealth, Gift, Expenditure, Interest taxes and Estate Duty. Write-off is an accounting action only; the Government retains the right to civil recovery within the statutory recovery period. Procedural routing to the Board and Minister remains via the recovery channel and all other conditions continue to apply. en-us Thu, 19 Aug 2004 00:00:00 +0530 Fri, 03 Dec 2010 16:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8387 Revised monetary ceilings allocate specific write-off authority across a tiered committee framework-local, regional/sub-zonal, zonal and Board-level-linking officer levels to defined thresholds and approval/reporting requirements; proposals already recommended under prior committees need not be reconstituted though the new ceilings determine the signing authority. A separate scheme applies to Wealth, Gift, Expenditure, Interest taxes and Estate Duty. Write-off is an accounting action only; the Government retains the right to civil recovery within the statutory recovery period. Procedural routing to the Board and Minister remains via the recovery channel and all other conditions continue to apply. Circulars Income Tax Thu, 19 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8387