https://www.taxtmi.com/circulars?id=10292 Directives require filing a prompt claim before the Official Assignee with full particulars of outstanding tax demands and noting the claim against each item in the Demand & Collection Register. On annual carry forward, record complete assessee particulars; retain the assessee's name on the GIR while arrears or recovery proceedings continue or record reasons if removed. Index and securely store insolvent records and maintain periodic liaison with Official Assignees. Before any write off, enquire into the defaulter's financial position, undisclosed assets, and status with other creditors, and follow the procedures set out in the applicable insolvency statutes. en-us Tue, 26 Nov 1974 00:00:00 +0530 Mon, 13 Jun 2011 14:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10292 Directives require filing a prompt claim before the Official Assignee with full particulars of outstanding tax demands and noting the claim against each item in the Demand & Collection Register. On annual carry forward, record complete assessee particulars; retain the assessee's name on the GIR while arrears or recovery proceedings continue or record reasons if removed. Index and securely store insolvent records and maintain periodic liaison with Official Assignees. Before any write off, enquire into the defaulter's financial position, undisclosed assets, and status with other creditors, and follow the procedures set out in the applicable insolvency statutes. Circulars Income Tax Tue, 26 Nov 1974 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10292