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    <title>Provisions of section 16(3) of Wealth Tax Act, 1957.</title>
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    <description>The Board directs that all pending wealth-tax assessments must be completed within four years of the end of the assessment year and that any assessment kept pending beyond this period requires specific prior approval; before according approval officers must satisfy themselves about adequacy of reasons for non-completion and take steps to ensure early completion.</description>
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