Unrealistic over-assessments made by assessing officers under various direct tax Acts.

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....ited therein. 2. Instances continue to come to the notice of the Board about unrealistic over-assessments made by assessing officers under various direct tax Acts. This causes unnecessary hardship to the assessees and tarnishes the image of the Department; there is avoidable litigation and recovery problems arise in respect of the consequential insupportable and exaggerated tax demands. 3. The B....