Death of an assessee should be informed to Assistant Controller of Estate Duty. - Income Tax - 1119/CBDT

INSTRUCTION NO. 1119/CBDT Dated : December 3, 1977 Attention is invited to Board's Instruction No.172, dated the 15th May, 1970 and Directorate of Inspection (O M Services) Circular No.2 (F.NO.3/16/73-DOMS, dated 15-11-73). 2. It has been brought to the Board's notice that the contents of the above-mentioned Instructions/Circular are not being followed generally. In this connection Board's attention has been drawn, in particular to Items No.(iv) and (vi) of para 5 of DOMS Circular dated 15th November, 1973 which again may be reproduced hereunder for ready reference:- "(iv) Where an ITO/GTO/WTO, comes to know about the death of an assessee, principal value of whose estate is likely to exceed Rs.50,000 he should immediately pass on the information about the death to the Assistant Controller of Estate Duty concerned, together with any other information which may be relevant to the Estate Duty Assessment of the deceased. (vi) The Assistant Controllers of Estate Duty should prepare a list of assets devolving on various accountable persons incorporating the market value taken for the purpose of Estate Duty and communicate this information to the ITO/WTO having jurisdiction over the accountable persons. He should also intimate to the officers concerned any information relevant to assessment under other Direct Tax Laws." 3. The Board desire that CsIT should ensure that the instructions contained in the Instruction/Circular mentioned in para 1 above are strictly followed by the officers working under their charges.