https://www.taxtmi.com/circulars?id=9075 Applicability of section 4(1)(a) of the Gift Tax Act must be examined whenever income tax proposals requiring prior approval are considered, and approving authorities should simultaneously direct assessing officers to initiate gift tax proceedings so that gift tax assessment proceeds in parallel with income tax approvals. en-us Wed, 04 May 1977 00:00:00 +0530 Thu, 02 Jun 2011 13:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9075 Applicability of section 4(1)(a) of the Gift Tax Act must be examined whenever income tax proposals requiring prior approval are considered, and approving authorities should simultaneously direct assessing officers to initiate gift tax proceedings so that gift tax assessment proceeds in parallel with income tax approvals. Circulars Income Tax Wed, 04 May 1977 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9075