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Wealth Tax-Scrutiny cases.

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....ned wealth exceeds Rs. 5 lakhs, the assessments should be made after proper enquiry. 2. In view of the provisions of new Section 16 of the Wealth-tax Act, substituted by the Direct Tax Laws (Amendment) Act, 1987, which provide for prima facie adjustments under section 16(1)(a), and also following changes in the procedure for selecting scrutiny cases under the Income-tax, the above instructions is....

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Wealth Tax-Scrutiny cases.