Timely action and avoid such instances leading to a loss of revenue.

Timely action and avoid such instances leading to a loss of revenue. https://www.taxtmi.com/circulars?id=8841 Under Section 53(3) of the Estate Duty Act every accountable person must file a prescribed account within six months; the Controller may grant a extension of time on terms that may include payment of interest. The Board warns that failure of Assistant Controllers to dispose of extension applications promptly can prevent charging interest and lead to revenue loss, and directs prompt action to secure conditional extensions and associated interest obligations. en-us Sat, 18 Mar 1972 00:00:00 +0530 Sat, 28 May 2011 13:24:00 +0530 TaxTMI RSS Generator Timely action and avoid such instances leading to a loss of revenue. https://www.taxtmi.com/circulars?id=8841 Under Section 53(3) of the Estate Duty Act every accountable person must file a prescribed account within six months; the Controller may grant a extension of time on terms that may include payment of interest. The Board warns that failure of Assistant Controllers to dispose of extension applications promptly can prevent charging interest and lead to revenue loss, and directs prompt action to secure conditional extensions and associated interest obligations. Circulars Income Tax Sat, 18 Mar 1972 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8841