https://www.taxtmi.com/circulars?id=9673 Change of previous year must be scrutinised to prevent wealth-tax escapement because the valuation date for wealth is linked to the previous year; officers may impose conditions or refuse consent if terms do not safeguard revenue, must compare rates and deductions between original and proposed years, treat returns showing changed previous year as applications, and invoke revision powers where change causes loss of revenue. en-us Thu, 27 Feb 1986 00:00:00 +0530 Wed, 08 Jun 2011 13:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9673 Change of previous year must be scrutinised to prevent wealth-tax escapement because the valuation date for wealth is linked to the previous year; officers may impose conditions or refuse consent if terms do not safeguard revenue, must compare rates and deductions between original and proposed years, treat returns showing changed previous year as applications, and invoke revision powers where change causes loss of revenue. Circulars Income Tax Thu, 27 Feb 1986 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9673