https://www.taxtmi.com/circulars?id=9207 Assessing officers must apply the prescribed higher Rate Schedule for ordinary wealth-tax to HUFs when one or more members possess independent net wealth above the statutory threshold; Revenue Audit reported failures in correct application, and officers are directed to reiterate instructions and take remedial rectification measures as necessary to ensure compliance with the Finance Act's prescribed rates. en-us Wed, 05 Jul 1978 00:00:00 +0530 Fri, 03 Jun 2011 12:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9207 Assessing officers must apply the prescribed higher Rate Schedule for ordinary wealth-tax to HUFs when one or more members possess independent net wealth above the statutory threshold; Revenue Audit reported failures in correct application, and officers are directed to reiterate instructions and take remedial rectification measures as necessary to ensure compliance with the Finance Act's prescribed rates. Circulars Income Tax Wed, 05 Jul 1978 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9207