Scrutiny guidelines for wealth tax.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e number of wealth tax assessees is showing a continuous decline over the years and is presently at about 1 lakh. It appears that a large number of assesses are either not filing their return of wealth or not disclosing true taxable wealth. Accordingly, the Board has decided to issue the present Scrutiny Guidelines for Wealth Tax cases. 1. All those Income Tax cases which are presently being scru....