719/CBDT.

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....d: 24(2) of Gift Tax Act , 16 of Surtax Act , 25(2) of Wealth Tax Act Statute: Income - Tax Act, 1961 Reference is invited to the last paragraph of Instruction No. 584 (F.No. 236/237/72-A&PAC) d....

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....y conceivably be two opinions. This results not only in waste of errors, but may also lead to ultimate loss of revenue. 3. The Board, therefore, desire that wherever remedial action is contemplated....