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Gift Tax - Notice u/s16 to legal heirs.
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....Report 1980-81 the C&AG has pointed out that in a gift tax case, notice u/s 16 was issued after the death of the assessee and the assessment framed on only one of the sons of the deceased, as legal he....
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.... the I.T.O. had made any bonafide enquiry before issuing notices. 3. The Board desire that, in respect of any proceeding pertaining to a deceased assessee, diligent enquiries should be carried out to....
TaxTMI
TaxTMI