Power to collect certain information (1) Notwithstanding anything contained in any other provision of this Act, an income-tax authority may, for the purpose of collecting any information which may be useful for, or relevant to, the purposes of this Act, enter—  (a) any building or place within the limits of the area assigned to such […]

Permanent account number (1) Every person,—   (i) if his total income or the total income of any other person in respect of which he is assessable under this Act during any previous year exceeded the maximum amount which is not chargeable to income-tax; or  (ii) carrying on any business or profession whose total sales, turnover

Power regarding discovery, production of evidence, etc (1) The Assessing Officer, Deputy Commissioner (Appeals), Joint Commissioner 30a[, Joint Commissioner (Appeals)], Commissioner (Appeals), Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner and the Dispute Resolution Panel referred to in clause (a) of sub-section (15) of section 144C shall, for the purposes of this Act, have

Income-tax Officer competent to perform any function or function [Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988. Original section was inserted by the Finance (No. 2) Act, 1967, w.e.f. 1-4-1967.] Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice |

Search and seizure (1) Where the Principal Director General or Director General or Principal Director or Director or the Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner or Additional Director or Additional Commissioner or Joint Director or Joint Commissioner in consequence of information in his possession, has reason to believe that—  (a)

Powers to requisition books of account, etc (1) Where the Principal Director General or Director General or Principal Director or Director or the Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner, in consequence of information in his possession, has reason to believe that—  (a) any person to whom a summons under sub-section

Application of seized or requisitioned assets (1) The assets seized under section 132 or requisitioned under section 132A may be dealt with in the following manner, namely:—   (i) the amount of any existing liability under this Act, the Wealth-tax Act, 1957 (27 of 1957), the Expenditure-tax Act, 1987 (35 of 1987), the Gift-tax Act, 1958 (18 of 1958) and

Power to call for information The Income Tax Department takes a vigilant stance on tax filings, demonstrating a commitment to swift and stringent actions against potential wrongdoers. In the month of July 2023 alone, the department issued over 100,000 notices to taxpayers suspected of underreporting or misreporting their income in their tax filings. Section 133

Faceless jurisdiction of income-tax authorities (1) The Central Government may make a scheme, by notification in the Official Gazette, for the purposes of—  (a) exercise of all or any of the powers and performance of all or any of the functions conferred on, or, as the case may be, assigned to income-tax authorities by or

Power of survey (1) Notwithstanding anything contained in any other provision of this Act, an income-tax authority may enter—  (a) any place within the limits of the area assigned to him, or  (b) any place occupied by any person in respect of whom he exercises jurisdiction, or  (c) any place in respect of which he