https://www.taxtmi.com/circulars?id=9263 Assessing officers must correlate information across direct tax records when deciding matters under any direct tax law to ensure related liabilities in income-tax, wealth-tax, gift-tax and estate duty are identified and actioned. Failures include unexamined transfers implicating capital gains and deemed gifts, income-tax indications of assessable wealth not followed up for wealth-tax, unverified market values for capital gains, omission of trust life interests from wealth-tax, and non-reporting of deaths to estate-duty authorities; officers are directed to avoid such lapses. en-us Wed, 11 Apr 1979 00:00:00 +0530 Fri, 03 Jun 2011 16:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9263 Assessing officers must correlate information across direct tax records when deciding matters under any direct tax law to ensure related liabilities in income-tax, wealth-tax, gift-tax and estate duty are identified and actioned. Failures include unexamined transfers implicating capital gains and deemed gifts, income-tax indications of assessable wealth not followed up for wealth-tax, unverified market values for capital gains, omission of trust life interests from wealth-tax, and non-reporting of deaths to estate-duty authorities; officers are directed to avoid such lapses. Circulars Income Tax Wed, 11 Apr 1979 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9263