https://www.taxtmi.com/circulars?id=9686 Where an assessee's income-tax assessment is completed in a summary manner on the basis of the return, the wealth-tax assessment must also be completed in a summary manner on the basis of the return without requiring supporting evidence when returned net wealth is within the prescribed threshold; both assessments are to be completed simultaneously. If returned net wealth exceeds that threshold, the wealth-tax assessment should be made after due enquiry as hitherto. en-us Thu, 24 Jul 1986 00:00:00 +0530 Wed, 08 Jun 2011 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9686 Where an assessee's income-tax assessment is completed in a summary manner on the basis of the return, the wealth-tax assessment must also be completed in a summary manner on the basis of the return without requiring supporting evidence when returned net wealth is within the prescribed threshold; both assessments are to be completed simultaneously. If returned net wealth exceeds that threshold, the wealth-tax assessment should be made after due enquiry as hitherto. Circulars Income Tax Thu, 24 Jul 1986 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9686