Delegating powers to write-off irrecoverable demands relating to other Direct Taxes.

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....Formal orders delegating the financial powers in this respect to Commissioners of Wealth-tax/Gift-tax/Expenditure tax/Controllers of EstateDuty, have been separately issued vide Department of Revenue & Banking letter of even number dated 10th June, 1976. Steps are also being taken to amend the Delegation of Financial Powers Rules suitably in this regard. 2. Although full powers to write-off irr....