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Proper coordination between Income-tax and other direct taxes assessments.

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Full Text of the Document

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....er direct taxes assessments. No. 172(.4/69/69-ED) 15.5.1970, No.473 (F.236/425/72-A&PAC), dated 15.11.72, No.494(F.309/6/72-ED), dated 10.1.73 and No.544 (F.301/126/72-ED), dated 8.5.1973. 2. A case has come to the notice of the Board [vide para 29(i) of C. & A.G's Report, 1971-72 in which while computing the tax on Capital Gains, the fair market value of a piece of land as on 1.1.1954 was taken....