Demands exceeding Rs. 2,000 and upto Rs. 1,00,000 to be referred to the Local Committees.

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Full Text of the Document

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....ds exceeding Rs. 2,000 and upto Rs. 1,00,000 to be referred to the Local Committees, are modified to the extent indicated below:- 2. With effect from 1st August 1976, the powers of write off of irrecoverable arrears of Income-tax exercisable by IACs and ITOs, Class-I and II have been enhanced vide Board's letter No. 385/85/75-IT (B), dated the 31st July 1976 to the extent indicated below:- 1....