Individual assessments of beneficiaries u/s 21(1) of Wealth-tax Act 1957.

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..... nor have they been assessed in the hands of the trustees under section 21(1) of the Wealth-tax Act 1957. 2. The matter has been examined by the Board. It is felt that such lapses generally occur because of either inadequate scrutiny of the earlier records of the case or lack of proper liaison between the Wealth-tax Officers assessing the beneficiaries and these assessing the trustees concerned. .....

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