Demands exceeding Rs. 2,000 and upto Rs. 1,00,000 to be referred to the Local Committees.

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..... . 1,00,000 to be referred to the Local Committees, are modified to the extent indicated below:- 2. With effect from 1st August 1976, the powers of write off of irrecoverable arrears of Income-tax exercisable by IACs and ITOs, Class-I and II have been enhanced vide Board's letter No. 385/85/75-IT (B), dated the 31st July 1976 to the extent indicated below:- 1. All IACs. upto Rs. 10,000 in each .....

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..... h the above relaxation, the work of write off will be further activated and it will be possible to remove the dead wood from the registers of your Charge before 31st March 1977, at least in respect of arrears of income-tax which have been outstanding for 10 years and more. - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxman .....

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